ACQUISITION DEBT
A financial obligation obtained through the improvement, construction, or purchase of a secondary or primary residence. One of the examples for acquisition debt is home mortgage. The Internal Revenue Services (IRS) gives certain tax advantages for those who have home acquisition debt. The taxpayers can subtract the interest paid throughout the tax years for mortgages which qualifies as a home acquisition debt. The IRS acknowledge home acquisition debt as any mortgage acquired after October 13,1987 that was used to build, buy or significantly improve a primary or secondary home. The home also secures the mortgage.
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Debt-Service Coverage Ratio - DSCR
In corporate finance, it is the amount of cash flow available to meet annual interest and principal payments on debt, including sinking fund paymen ...
Target Market
Intended audience or target consumers for a marketing campaign, product, or service of a company. It is an essential step to developing a marketing ...
Brand Loyalty
Extent of consumers’ commitment to a brand through constant purchases, regardless of convenience, price, or pressure from competing brands. R ...
Continentals
Paper currency during the revolutionary war between 1775 and 1783. It was used in the United States to help fund the cost of the war but its value ...
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Highest price level a stock, commodity, index of securities, asset, or economic cycle has reached over a specific time period, which is normally fo ...
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It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 07:00 | Leading Indicators | Mar | |
| 10:40 | Member of the Executive Board of the ECB Benoit Coeure Speaks | ||
| 01:50 | Corporate Service Price Index | Apr | |
| 07:00 | BOJ Core CPI | Apr | |
| 07:45 | Gross Domestic Product | 1 quarter | |
| 08:00 | Trade Balance | Apr | |
| 08:00 | GfK Consumer Climate | Jun | |
| 08:00 | Import Price Index | Apr |
