ABSOLUTE AUCTION
A kind of auction wherein the highest bidder is awarded with the sale. Reserve price, which sets a minimum required bid for the item to be sold, do not exist on absolute auctions. Foreclosed properties maybe related as a type of absolute auction., wherein the foreclosed property is acquired by the winning bid. This is in contrast to a lender confirmation auction, wherein the bid must be approved by the lender first before the transaction will be completed.
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Lease Payments
The amount or value the lesser should pay during the lease term. It is a line item under long-term debt that is indicated in a balance sheet. The l ...
Average Effective Maturity
It is a more accurate way to get the feel of the exposure of a single bond. In this case, a simple average can be a very misleading measure because ...
Bank Card
Any card given against a depositary account, such as a debit card or ATM card. There are instances that the phrase is also employed to refer to Mas ...
Fund Company
A fund company manages, sells, and markets closed-end and open-end funds to the public. It offers a variety of funds and investment services, such ...
Strategic Buyer
Buyer in an acquisition with a definite reason to purchase the company. They seek firms that will establish a synergy with their prevailing busines ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Ethical Investing: Its Advantages and Disadvantages
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A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
08:00 | Trade Balance | Apr | |
10:00 | Ifo Business Climate Index | May | |
10:00 | Ifo Current Assessment | May | |
10:00 | IFO - Expectations | May | |
12:00 | Bundesbank Monthly Report | ||
15:00 | NBB Business Climate | May | |
16:15 | BOE Deputy Governor Andrew Bailey Speaks | ||
16:15 | ECB board member Joachim Nagel deliver a speech | ||
18:00 | FOMC Member Raphael W. Bostic Speaks |