Term of the day
Conduit Issuer
Organization that gives municipal securities to generate capital for revenue-generating projects. The third party, also called conduit borrower, then use the fund to pay investors. It is usually backed by either the conduit bor ...
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Recapture
A term used in which a seller sets a condition that gives him/her the right to buy back portion or all of the assets in a specific period of time.< ...
Certificateless Municipals
Municipal bond with only one certificate for the entire issue. Also a book-entry security, the absence of the certificate simplifies recordkeeping ...
Capital Investment
Cash reserves invested in an enterprise or a company for the intention of furthering its business goals. Capital investment may also characterize t ...
Liquidating Market
A securities market where there is a wide involvement in selling most securities at the same time, given the effect of low and dropping prices whil ...
Operating Profit
Operating profit refers to the measure of income which tells how much revenue will become a company’s profit eventually.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 09:00 | Wholesale Price Index | Dec | |
| 12:00 | Industrial Production | Nov | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 23:45 | Food Price | Dec | |
| 01:50 | M2 Money Supply + CD | Dec | |
| 08:00 | Prelim Machine Tool Orders | Dec | |
| 09:45 | Consumer Price Index | Dec | |
| 09:45 | Gov Budget Balance | Nov |
