BANK ENDORSEMENT
Endorsement by bank for an instrument like banker’s acceptance or time draft. It wants to assure counterparty that the bank will be there with their obligations of the instrument.
POPULAR TERMS
Short Sale
Short Sale is a market transaction described by the action of selling borrowed securities with the expectation that prices will fall. The short sal ...
Autoregressive Conditional Heteroskedasticity - ARCH
An econometric jargon employed monitored time series. ARCH models are employed to show financial time series together with time-varying volatility ...
Tokyo Stock Exchange - TSE
Biggest stock exchange in Japan with more than 2,000 listed firms and a combined market capitalization of more than $4 trillion as of 2014. Establi ...
Accounting Policies
Rules or procedures that are given by the company when preparing their financial statements. It includes methods, measurements or procedures for di ...
Earnings Before Tax - EBT
Measuring a firm’s financial performance excluding taxes, which is computed as revenue less expenses. It is a line on the firm’s income ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:15 | PMI Manufacturing | Nov | |
| 10:15 | PMI Services | Nov | |
| 10:15 | Composite PMI | Nov | |
| 10:30 | PMI Manufacturing | Nov | |
| 10:30 | PMI Services | Nov | |
| 10:30 | Composite PMI | Nov | |
| 11:00 | PMI Manufacturing | Nov | |
| 11:00 | PMI Services | Nov | |
| 11:00 | Composite PMI | Nov |
