ABANDONED PROPERTIES
These are assets that include contents of a safe deposit box, life insurance policies, land, uncashed checks, mutual funds, bonds stocks and cash that were turned over to the government because of several years of inactivity. There are some states that hold these properties for a time, until the real owners and/or their heirs claim them in an indefinite time. On the other hand, there are also some states that take the property if it became dormant for a long time, in a process called "escheatment." The purpose of the Abandoned Properties Laws is to remove the liability from the asset holder.
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Order Audit Trail System - OATS
The National Association of Security Dealers created this system to record information relating to quotes, orders and other related trade informati ...
Delaware Corporation
A legally registered corporation in the state of Delaware that can conduct business in any states. Delaware first began to adapt its laws in the la ...
Quote Driven Market
An electronic stock exchange system in which prices are determined from bid and ask quotations made by market makers, dealers or specialists. In a ...
Yield Pickup
Yield Pickup refers to the additional rate of interest that an investor gets for selling a lower-yielding bond in return for a bond with a higher y ...
Non-Contestability Clause
A provision in a person's will designed to stop beneficiaries from contesting the will. The provision states that if beneficiaries try ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Jan | |
| 10:00 | SECO Consumer Confidence | Jan | |
| 11:30 | Sentix Investor Confidence | Feb | |
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 01:30 | Westpac Consumer Sentiment | Feb | |
| 01:50 | M2 Money Supply + CD | Jan | |
| 02:01 | BRC Retail Sales Monitor | Jan | |
| 02:30 | NAB Business Confidence | Jan | |
| 08:00 | Prelim Machine Tool Orders | Jan |
