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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Henry Hub
A natural gas pipeline located in Erath, Louisiana that serves as the official delivery location for futures contracts on the NYMEX. It is owned by ...
Probability Distribution
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range. This range will ...
Surrender Period
Time an annuity investor must wait until they can withdraw the fund from their annuity without paying the penalty fee.
Closed-End Lease
Rental agreement imposing no obligation on the lessee or tenant to purchase the leased asset at the end of the agreement. Also known as net lease, ...
Active Trust
A trust wherein the trustee is held liable for additional responsibilities. With an active trust, the given additional responsibilities can be in t ...
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Featured Investment: Annuity
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| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 10:00 | Ifo Business Climate Index | Oct | |
| 10:00 | Ifo Current Assessment | Oct | |
| 10:00 | IFO - Expectations | Oct | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | Oct | |
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 01:50 | Corporate Service Price Index | Sep | |
| 07:00 | BOJ Core CPI | Sep |
