ASSIGNMENT OF PROCEEDS
The document which transfers a part or all of the proceeds coming from a letter of credit towards a third party benefit. In order to acquire an assignment of proceeds, the letter of credits' beneficiary must give, in writing, a request to the bank for the assignment of the funds to an alternative individual or company.
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Montreal Exchange
A derivatives exchange situated in Montreal, Quebec, Canada. It trades futures contracts and options, as well as index options and futures. It is C ...
Risk Seeking
It pertains to an investor who searches for greater volatility and uncertainty in his or her investments in exchange for anticipated higher returns ...
OTCQX
The top tier of the three marketplaces for trading over-the-counter stocks provided and operated by the OTC Markets Group. The OTCQX forum offers t ...
Assignment Of Accounts Receivable
A lending agreement, usually long term, between a lending institution and a borrowing company whereby the borrower designates particular customers ...
Hollowing Out
It occurs when the manufacturing sector of a country deteriorates because producers go for low-cost facilities overseas.
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You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
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It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | CBI retail sales volume balance | Nov | |
| 17:00 | New Home Sales | Oct | |
| 02:01 | BRC Shop Price Index | Nov | |
| 02:30 | Retail Sales | Oct | |
| 03:18 | BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks | ||
| 07:00 | BOJ Core CPI | Oct | |
| 09:00 | GfK Consumer Climate | Dec | |
| 11:00 | M3 Money Supply | Oct | |
| 11:00 | Private Sector Credit | Oct |
