BACKUP LINE
A credit line employed by a bank to screen any issue of the commercial paper for which the financing from the new paper may be unavailable. Backup line of credit adequately gives a substitute pool of liquidity for the issuer and a supply of credit for the purchaser. The backup lines often take the form of a confirmed letter of contractual or credit facility.
POPULAR TERMS
Mutual Fund Timing
A legal but gloomed practice where traders try to gain short-term profits from buying and selling mutual funds in order to benefit from the spread ...
Japan Inc.
An alias for the corporate world of Japan which emerged during the 1980s boom when Western businessmen noticed how the Japanese government worked n ...
Buck the Trend
Situation in which the price of a security or a class of assets moves in the opposite direction of the broad market, industry, or its competition. ...
Growth Investing
Technique in which an investor seeks shares with superior growth potential. In most cases, a growth stock refers to a firm whose earnings are antic ...
FHA Loan
FHL loan is issued by qualified lenders and insured by Federal Housing Loan or FHA. This loan is designed for low to moderate income borrowers who ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 07:15 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 08:00 | Wholesale Price Index | Apr | |
| 08:00 | Prelim Machine Tool Orders | Apr | |
| 11:00 | European Commission Economic Forecasts |
