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.
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Sir Allen Stanford
Sir Allen Stanford is a former banker. He is most famous for undergoing investigation due to allegations of securities fraud that involved $8 billi ...
Cost Accounting
Accounting process seeking to know a firm’s production costs by determining and evaluating the input costs of every production step, as well ...
Book Runner
The lead manager in the issuance of new equity, debt or securities instruments. More than one book runner can manage a security issuance, in which ...
Debit Spread
Two options with different market prices that an investor trades on the same underlying security. The higher priced option is purchased and the low ...
Shadow Banking System
The Shadow Banking System is the financial intermediaries that are present in the facilitation of the creating credit across the global financial s ...
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SEE FOREX TUTORIAL
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Aug | |
| 08:00 | PPI | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:15 | BOC Senior Deputy Governor Carolyn Wilkins Speaks | ||
| 16:30 | Leading Index (Conference Board) | Jun | |
| 17:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:00 | ECB's Jens Weidmann Speaks | ||
| 00:00 | RBA Governor Philip Lowe Speaks | ||
| 00:45 | Visitor Arrivals | Jul |
