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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Sharing Economy
Sharing Economy is an economic model. In this model, individuals are allowed to borrow and rent assets from someone else. The sharing economy model ...
Involuntary Cash-Out
Distribution of the balance of a participant’s retirement account under an eligible plan without the written permission of the participant, h ...
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts. The bankruptcy process begins with a petition filed by ...
Current Exposure Method
System that measures the credit risk of default from swaps, forwards, options, and other contracts. An investor’s total exposure is tantamoun ...
London Interbank Mean Rate - LIMEAN
The interest rate in the London Interbank market that is calculated by getting the average of the offer rate (LIBOR) and the bid rate (LIBID). This ...
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SEE FOREX TUTORIAL
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | Federal Budget Balance | Jun | |
| 00:00 | NZIER Business Confidence | 2 quarter | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 02:30 | Westpac Consumer Sentiment | Jul | |
| 03:30 | NAB Business Confidence | Jun | |
| 04:31 | Trade Balance | Jun | |
| 06:30 | Industrial Production | May | |
| 08:00 | Wholesale Price Index | Jun |
