ALLONGE
It is a sheet of paper that is attached to the document of bill of exchange in order to document endorsements. The reason for using allonge in bills is simply because of the lack of space that can be used in the bill.
POPULAR TERMS
Auction
A system wherein potential buyers put competitive bids on services and assets. The service or asset in question will sell to the party who have the ...
SFAS
Statement of Financial Accounting Standards (SFAS) is a Financial Accounting Standards Board (FASB) issued document. The SFAS consists of informati ...
Enterprise-Value-to-Sales - EV/Sales
Valuation measure comparing the firm’s value and its sales. It helps investors in getting an idea of how much it would cost to purchase the c ...
Licensing Fee
Payment given to a government agency by a person or business, for the privilege of performing certain services or engaging in some line of ...
Hiccup
A term used to describe a short-term disruption within a longer-term goal, plan, or trend. A hiccup may be used to describe the business acti ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Rate | 1 quarter | |
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 04:05 | RBA Assistant Governor Christopher Kent Speaks | ||
| 08:00 | GfK Consumer Climate | Apr | |
| 09:00 | CPI | Apr | |
| 09:00 | GDP | 1 quarter | |
| 10:00 | Private Sector Credit | Mar | |
| 10:00 | M3 Money Supply | Mar |
