ABILITY TO REPAY
The financial capacity of a particular individual to harvest a positive outcome on a debt. The phrase "ability to repay" was specifically mentioned in the Title XIV, the Mortgage Reform and Anti-Predatory Lending Act, of the Wall Street Reform and Consumer Protection Acts by Dodd-Frank in 2010 for the intention of describing the requirement wherein mortgage originators must prove that the potential borrower's could afford the mortgage that they are applying for. Originators are obligated to check at the total current income and existing debt of the borrower, for example, to make sure that the potential mortgage debt, required insurance, property taxes plus the existing debt will not exceed a stated percentage of the borrower's income.
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PSE
It is Czech Republic’s main securities exchange.
Bureaucracy
Administrative system which implements a set of rules and processes, separation of responsibilities and hierarchical structure in imposing controls ...
Minimum Yield
Yield to call or yield to maturity, whichever is lesser. Investors employ this who desire to assess a conservative estimate for the value of a part ...
SEC Form N-17f-2
SEC Form N-17f-2 is also referred to as the Certificate of Accounting of Securities and Similar Investments in Custody of a Management Invest ...
Stabilizing Bid
Stabilizing bid is the bid made on behalf of the underwriters of an initial public offering (IPO) for the repurchasing of shares at the offered pri ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Jul | |
| 03:00 | MI Inflation Gauge | Jul | |
| 03:30 | ANZ Jobs Advertisements | Jul | |
| 03:45 | Markit Final Manufacturing PMI | Jul | |
| 07:00 | Consumer Confidence | Jul | |
| 08:00 | Retail Sales | Jun | |
| 08:30 | Retail Sales | Jun | |
| 08:30 | CPI | Jul | |
| 09:15 | PMI Manufacturing | Jul |
