ACCOUNTING CUSHION
It is the overstatement of a company’s expense provision to create a cushion for future results. Its is used to understate income in a current period by overstating liability or allowance accounts. This can be achieved by increasing allowances for bad debts in the current period, without any indication that bad debts will actually rise.
POPULAR TERMS
Floating Production Storage and Offloading
An acronym for Floating Production Storage and Offloading. FPSO is a floating vessel located near an oil platform, where oil is processed and store ...
Outside Broker
It may refer to a salesperson of a real estate who works for a competing real estate company. It may also refer to a securities broker who primaril ...
Plottage
A term in real estate that refers to the process of combining adjacent parcels to form one larger parcel. The value of the whole parcel will normal ...
Pairing Off
Pairing Off is an illegal activity done by a brokerage firm offsetting short and long position between house accounts through collecting cash payme ...
Mortgage Index
Benchmark interest rate on adjustable rate mortgages. Known as the entire indexed interest rate, it is composed of an index value plus margin. The ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 10:00 | New Yuan Loans | Mar | |
| 11:00 | Retail Sales | Feb | |
| 13:00 | MPC Member Andy Haldane Speaks | ||
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 16:30 | Overview of business prospects, according to the Bank of Canada | 1 quarter | |
| 16:30 | Bank of Canada Interest Rate Decision | 1 quarter | |
| 19:00 | FOMC Member Eric Rosengren Speaks | ||
| 19:01 | 10-y Bond Auction | Apr |
