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
Common Size Income Statement
Income statement highlighting income accounts expressed as a percentage for easier analysis between firms or time periods of a firm.
Dow Jones EURO STOXX 50
Market capitalization-weighted stock index made up of 50 huge, blue-chip European companies within the eurozone. The universe for selection is seen ...
Corporate Culture
Beliefs and behaviors showing the way a firm’s management and employees interact and handle business transactions. It is frequently imp ...
High Ratio Loan
A loan where a small down payment should be made. For mortgages, it often covers more than 80% of the value of the property.
Incoterms
Set of three-letter codes, published by the International Chamber of Commerce (ICC), which represents several ways to organize international shipme ...
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One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Principles of Trading: Charting
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 06:30 | Industrial Production | Nov | |
| 09:00 | PPI | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 05:00 | BoJ MPC Interest Rate Announcement | Jan | |
| 05:00 | Monetary Policy Meeting Minutes | ||
| 05:00 | BOJ Outlook Report | ||
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Trade Balance | Dec |
