ABANDONMENT CLAUSE
In a property insurance contract, it is a clause that states that in some circumstance, the owner of the property may abandon a damaged or lost property but still has the right to claim a settlement amount in full. For example, if the property of the insured party has to way to be recovered, or if the damage is too severe that the cost of repair is more than the actual value, the insured party may abandon the property but he or she is still entitled to a settlement amount in full.
POPULAR TERMS
Confusion of Goods
Mixture of similar products or properties of two or more parties, to the extent where identifying each party’s respective items is not possib ...
Privatizing Profits And Socializing Losses
A phrase which describes how businesses and individuals can successfully benefit from any and all profits related to their line of business, but av ...
Trial Balance
Bookkeeping worksheet accounting all debit and credit balances at the end of each reporting period. A firm prepares this worksheet monthly to ensur ...
Help-Wanted Index - HWI
The U.S. job market index, published monthly by the Conference Board that monitors the number of help wanted advertisements in major newspapers acr ...
Certified Financial Divorce Practitioner - CFDP
Professional designation awarded to individuals expert in the financial aspects of divorce. The practitioner explains the financial indications of ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 11:00 | Trade Balance | Jul | |
| 11:00 | Current Account (sa) | Jul | |
| 14:30 | Manufacturing Shipments | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 06:30 | Tertiary Industry Index | Jul | |
| 11:00 | ZEW Survey (Econ. Sentiment) | Sep | |
| 11:00 | ZEW Economic Sentiment | Sep |
