Term of the day
Warehouse Lending
Warehouse Lending is a line of credit offered by a financial institution in order for the loan originator to back up a mortgage that was originally used by a borrower to purchase a property.
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POPULAR TERMS
Employer Identification Number - EIN
Distinct identification number assigned to a business entity so the Internal Revenue Service can easily identify these entities. Employers commonly ...
Last In, First Out - LIFO
An accounting technique of asset-management and valuation where the last unit acquired or produced are the ones to be recorded as sold, used, or di ...
Mancession
The term coined for an economic instance which pertains that the unemployment rate in men is higher than in women. During the financial crisis of 2 ...
Seasonality
Seasonality is a trait of a time series. If a time series has a seasonality this means that the data behaves in a predictable and expected way in a ...
Average Annual Return - AAR
Figure used when reporting a very historical return like 3 or 5 year average return of mutual funds.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | Federal Budget Balance | Jun | |
| 00:00 | NZIER Business Confidence | 2 quarter | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 02:30 | Westpac Consumer Sentiment | Jul | |
| 03:30 | NAB Business Confidence | Jun | |
| 04:31 | Trade Balance | Jun | |
| 06:30 | Industrial Production | May | |
| 08:00 | Wholesale Price Index | Jun |


