ALTERNATIVE DOCUMENTATION
A process of documentation to approve loans where the lender will accept documents like paychecks stubs and bank statements from the borrower as verification of income on the application. This is said to be much quicker than the traditional method of verification.
POPULAR TERMS
Shareholder Activist
A shareholder activist is a person who owns a stock and uses his or her rights to it for the purpose of social change. The more common issues tackl ...
Lock Period
Specified number of days, usually 30 or 60 days, by which the interest rate promised on a pending mortgage loan cannot be modified. Because mortgag ...
Limit-On-Open Order - LOO
A limit order to buy or sell a security at the beginning of the trading day if the best market price is equal or above the set price. This is only ...
Tweezer
In technical analysis, patterns seen in options trading that appear when two or more candlesticks reach the same bottom for a tweezer bottom patter ...
Debtor
A company or individual who owes money. If the debt is in the form of a loan from a financial institution, the debtor is referred to as a borrower. ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
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.
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | KOF Economic Barometer | Mar | |
| 09:00 | CPI | Mar | |
| 10:30 | Net Lending to Individuals | Feb | |
| 10:30 | M4 Money Supply | Feb | |
| 10:30 | Mortgage Approvals | Feb | |
| 11:00 | Consumer Confidence | Mar | |
| 14:00 | CPI | Mar | |
| 14:00 | Harmonized CPI | Mar | |
| 16:00 | Pending Home Sales | Feb |
