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.
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Bank Card
Any card given against a depositary account, such as a debit card or ATM card. There are instances that the phrase is also employed to refer to Mas ...
Living Will
A legal document that specifies what an individual (principal) does or does not want should he or she becomes terminally ill or in ...
IRS Publication 926
A document that gives information for individuals who has a household employee. Published by the Internal Revenue Services (IRS), this includes mai ...
Tax Fairness
Tax platform based on the concept of creating a balanced, clear, and equitable tax system. In general, it seeks to limit the amount of tax legislat ...
Financial Crisis
It occurs when the value of financial institutions or assets drops quickly. Investors sell off assets or withdraw money in fear that those assets&r ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |


