ADJUNCT ACCOUNT
A financial reporting account that increases a liability account's book value. An adjunct account is a valuation account wherein the credit balances are annexed to an another account. For example, in the bonds issued by a company, the unamortized premium on the bond payable account (oftentimes called bond premium) is considered an adjunct account due to the credit balance added to the bonds payable account.
POPULAR TERMS
Cross Collateralization
Act in which an asset being used as a collateral for a loan is also used for a second loan. The affected creditors can forcefully liquidate the ass ...
Trinomial Option Pricing Model
Model integrating three possible values an underlying asset can take over a given time period. The values factored are higher than, the same as, or ...
SOES
Small order execution system (SOES) is a computer network established due to the lack of liquidity after the 1987 crash. It automatically executes ...
SEC Form 20FR12B
SEC Form 20FR12B is also referred to as the Registration for a Class of Foreign Private Issues. This means that SEC Form 20FR12B is a filing whose ...
Mortgage Life Insurance
An insurance policy that is designed specifically for repaying mortgage debt upon the borrower’s death. This is different from conventional l ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
