ABSENTEE OWNER
An owner of a real estate piece but does not live within its premises. An absentee owner may also refer to an entity, real estate investment trust ( REIT ) or corporation for example. The real estate that an absentee owner is holding may come to a wide variety, compared to an individual that may only own a single apartment or condominium, large scale real estates such as a shopping mall or an apartment building maybe owned by a corporation. The absentee owner's primary motivation is to generate return of investment through potential capital appreciation and rental income.
POPULAR TERMS
Linearly Weighted Moving Average
A moving average that designates a greater weighting on recent price data than the common moving average does. To get the average, every closing pr ...
Compensating Balance
Minimum balance a customer must maintain in a bank account, normally non-interest bearing accounts. It is often used to offset some cost a bank inc ...
Tax Loss Carryforward
Negative profit in tax, which occurs when an individual or business’ expenses exceed their revenues. This is done by reducing the overall tax ...
Historical Cost
A measure of value used in accounting in which the price of an asset on the balance sheet is based on its nominal or original cost when acquired by ...
Check Conversion
Reformatting service which allows banks to exchange paper checks into electronic ones, then send those to the receiving bank. Offered by banking me ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | Retail Sales | Nov | |
| 03:30 | CPI | Dec | |
| 03:30 | PPI | Dec | |
| 11:30 | Sentix Investor Confidence | Jan | |
| 15:15 | Housing Starts | Dec | |
| 16:00 | MPC Member Silvana Tenreyro Speaks | ||
| 17:30 | Overview of business prospects, according to the Bank of Canada | 4 quarter | |
| 17:30 | Bank of Canada Interest Rate Decision | 4 quarter |
