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.
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Naked Trust
This is commonly used by parents or grandparents, where they transfer assets to their beneficiaries like their children or grandchildren. Once the ...
Crossover Refunding
Issuance of new municipal bonds or refunding bonds by a local government in which the proceeds of these bonds are placed in escrow and used to make ...
Low-Down Mortgages
Secured mortgage programs that require a small down payment. It normally require a downpayment from 3%-5% of the property value. But some lenders h ...
Blow-Off Top
Chart pattern describing a steep and rapid rise in a security’s price and trading volume followed by a steep and sudden fall in its price and ...
Coverage Initiated
Instance in which a brokerage or analyst issues his initial rating on a specific stock or sector.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
