Term of the day
This clause in a revenue-bond agreement allows the issuance of additional revenue bonds in the future if the revenue of the prior year was enough to cover the costs of the new issue.
Find Your Words:
Mark to Market - MTM
Measuring the fair value of accounts that can change over the period of time, such as assets and liabilities. It aims to provide a realisti ...
Economic and game theory concept where participants place silent bids on a specific item. Unlike the normal auction, ...
Ras Al Khaimah Investment Authority - RAKIA
Ras Al Khaimah Investment Authority was established under a 2005 decree by the ruler of Ras Al Khaimah in the United Arab Emirates or UAE. Its main ...
It refers to something being too pricey. Priced out refers alternatively to the adjustment in a security’s market price in response to new in ...
Provision in a bond contract stating the collateral used in securing the bond issue may not be used again in backing another issue. Opposite of sin ...
What`s in Store for BRIC Economies?
In 2001, then Goldman Sachs Group Inc. Chief Economist Jim O’Neill coined the acronym BRIC, referring to the economies of Brazil, Russia, India, and China. The acronym, first used in his 2003 report Building Better Global Economic BRICs, grouped the four countries as emerging market powerhouses, saying they had the perfect blend of attributes to make them the upcoming economic su[#ret]perstars.
Finance for Individuals
Singapore Exchange Limited also called as SGX is an investment holding company based in Singapore and offers various services associated with derivatives and securities trading and others. Singapor e Exchange is affiliated to the Oceanian and Asian Stock Exchanges Federation and the World Federation of Exchanges.
Taxation in Finance
Tackling Greece`s Real Problem: Tax Escapists
Two years ago, Greece had its third bailout since 2010 amid an impending departure from the Eurozone. The country was able to secure a loan worth 86B euros along with a number of requirements and c onditions from creditors, which includes a task to address the widespread tax evasion conflict that plagued the nation for years.
|07:00||Economy Watchers Survey||Nov|
|08:30||BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks|
|08:30||BOC Deputy Governor Timothy Lane Speaks|