BAG MAN
Any individual in charge of collecting, transporting and organizing money, commonly in connection with illicit or illegal activities. A bag man is a person who delivers and collects money on behalf of an organization or boss. At present time, bag man can be used pejoratively to denote an individual who is in charge of delivering and collecting contributions to political funds or parties gathered for political purposes.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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| Time | Country | Indices | Period |
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| 14:30 | New Housing Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 16:00 | Consumer Confidence | Apr | |
| 02:30 | PMI Manufacturing | Apr | |
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| 08:00 | Public Sector Net Borrowing | Mar |
