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.
POPULAR TERMS
100% Mortgage
Mortgage loan in which the borrower receives an amount of loan which is equal to the property’s total value to be acquired. The borrower need ...
Preference Shares
These are company stocks with dividends that are paid to the shareholders before common stock dividends are paid out. In case the company goes bank ...
Subprime Borrower
Individual with poor credit rating and limited credit history. Normally, these borrowers only qualify for mortgages with higher interest rates and ...
Nasdaq Intermarket
An electronic marketplace in which the National Association of Securities Dealer (NASD) members may execute trades, communicate, and accept quotati ...
Sector ETF
Sector ETF is the investment in a certain sector’s stocks and securities by a class of exchange-traded fund. Sector ETF is commonly recognize ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:00 | MI Inflation Gauge | Jan | |
02:00 | MI Inflation Gauge | Jan | |
02:30 | Retail Sales | Dec | |
02:30 | ANZ Jobs Advertisements | Jan | |
02:30 | Building Approvals | Dec | |
02:30 | PMI Manufacturing | Jan | |
02:30 | Retail Sales | Dec | |
02:30 | ANZ Jobs Advertisements | Jan | |
02:30 | Building Approvals | Dec |