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
Zone of Possible Agreement
Zone of Possible Agreement refers to a common ground where two or more parties under negotiation finally meet. This is the point in a transaction w ...
Woody
Woody is a slang used to describe a market when it has a strong and quick upward movement.
SEC Form N-18f-1
SEC Form N-18f-1 is also referred to as the Notification of Election Pursuant to Rule 18f-1 under the Investment Company Act of 1940. This means th ...
Linear Price Scale
A scale plotted on a chart in such a way the values on the scale have an equidistant spacing. Changes in measurement are equal by the same vertical ...
Mobile Commerce
Electronic commerce; using a wireless handheld devices like cellular phones and laptops to do commercial transactions online. This type of commerce ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 22:50 | Gross Domestic Product | 2 quarter | |
| 03:30 | CPI | Aug | |
| 03:30 | PPI | Aug | |
| 07:00 | Economy Watchers Survey | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 16:00 | Wholesale Inventories | Jul | |
| 21:00 | Consumer Credit | Jul | |
| 00:45 | Manufacturing Sales | 2 quarter | |
| 01:50 | M2 Money Supply + CD | Aug |
