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
Indenture
Legal and binding contract between a bond issuer and the bondholders that defines all the significant details of a bond including timing of interes ...
Dollar Bond
Bond denominated in US dollar traded outside America. Along with the principal, any coupon payment from this bond is paid in American funds ...
Buy to Cover
Stock transaction which closes out a prevailing short position. Short sale entails selling shares of a firm that one does not own as stocks are bor ...
Actuarial Science
A type of discipline that evaluates financial risk in the finance and insurance fields with the use of statistical and mathematical methods. Actuar ...
Bubblecovery
Situation in which the economy seems to be rebounding after a recession, but it will be entering an asset bubble and giving the impression of a rec ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
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 |
|---|---|---|---|
| 02:30 | Home Loans | Oct | |
| 07:00 | Economy Watchers Survey | Nov | |
| 08:30 | BOE Deputy Governor for Financial Stability Jon Cunliffe Speaks | ||
| 08:30 | BOC Deputy Governor Timothy Lane Speaks | ||
| 08:45 | Unemployment Rate | Nov | |
| 09:00 | Trade Balance | Oct | |
| 11:00 | Industrial Production | Oct | |
| 11:30 | GDP | Oct | |
| 11:30 | Industrial Production | Oct |
