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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Certificate of Origin - CO
Document declaring the country where a commodity or good was produced. It contains information on the product’s destination and country of ex ...
SEC Form N-8A
SEC Form N-8A is also referred to as the Notification of Registration Filed Pursuant to Section 8(a) of the Investment Company Act of 1940. This me ...
Credit Event
Sudden and tangible change in a borrower’s credit standing or drop in credit rating. Such event questions the borrower’s capacity to pa ...
Alternative Dispute Resolution
The count of disparate processes by insurance companies in resolving claims and disputes. ADR is used to avoid expensive and consuming litigation a ...
HNL
The abbreviation for the currency of Honduras, Honduran Lempira.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | KOF Economic Barometer | Jan | |
| 10:00 | CPI | Jan | |
| 11:00 | GDP | 4 quarter | |
| 12:00 | Consumer Confidence | Jan | |
| 21:00 | Loan Officer Survey | ||
| 01:30 | Unemployment Rate | Dec | |
| 01:50 | Industrial Production | Dec | |
| 01:50 | Retail Sales | Dec | |
| 02:30 | Retail Sales | Dec |
