ABSORBED ACCOUNT
An account that has been merged or combined with an another related account. The absorption of accounts to existing ones is a way to simplify the account process. After the absorption of an account, the original account's existence will cease, although a paper trail will be retained to show how the funds have been moved.
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Jingle Mail
A situation where a property owner send his or her house keys to a mortgage lender because of his or her inability to meet mortgage payment obligat ...
Build-Operate-Transfer Contract
Arrangement in which the private sector builds and operates the facility, then relinquishes the ownership to the government. In most cases, the gov ...
Specific-Shares Method
Specific-shares method is a personal financial accounting whose purpose is to cut down realized capital gains for multiple stock or mutual fund pur ...
Karl Albrecht
The German billionaire who owns Aldi Sud, a self-made discount supermarket chain. According to Forbes, he is one of the richest people in the world ...
Mobile Trading
Using a wireless technology in trading securities. It lets investors to access trading platforms using their smartphones. It allows easier access f ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Business Confidence | Nov | |
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | Private Sector Credit | Oct | |
| 03:00 | PMI Manufacturing | Nov | |
| 03:00 | Non-Manufacturing PMI | Nov | |
| 07:00 | Housing Starts | Oct | |
| 09:30 | Retail Sales | Oct | |
| 10:00 | KOF Economic Barometer | Nov |
