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.
POPULAR TERMS
Incipient Default
When a borrower is in danger of default, which foreshadows an individual’s or company’s incapacity to settle a debt obligation.
Chartered Business Valuator - CBV
Designation given to a financial professional who determines all or part of a business or company. This professional accounts many factors and meth ...
Retirement Money Market Account
A money market account that an individual holds within a retirement account such as an IRA. In a retirement money market account, deposits are plac ...
Investment Advisor
An individual or a group that gives investment advice or recommendations or regulates securities analysis in exchange for a fee, either via managin ...
Pump And Dump
A scheme trying to boost a stock’s price through recommendations based on false, misleading or greatly exaggerated statements. The perpetrato ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Aug | |
| 08:00 | PPI | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:15 | BOC Senior Deputy Governor Carolyn Wilkins Speaks | ||
| 16:30 | Leading Index (Conference Board) | Jun | |
| 17:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:00 | ECB's Jens Weidmann Speaks | ||
| 00:00 | RBA Governor Philip Lowe Speaks | ||
| 00:45 | Visitor Arrivals | Jul |
