BOND RESOLUTION
- Document authorizing the bonds to be issued and sold for a certain purpose. The contract also indicates the rights and responsibilities of the issuer and the bondholder. Bonds represent amount of money loaned and entitle the holder to interest and principal payments.
- Ballot measure allowing voters to either approve or deny issuance and sale of new bonds for certain purpose. The resolution indicates the nature and location of the project to be funded and its maximum potential expenditure.
POPULAR TERMS
WARF
Weighted Average Rating Factor (WARF) is a measure often used by credit rating companies to determine the credit quality of a portfolio. It allows ...
Trading Arcade
Slang term for an electronic trading facility, often operated by a clearing member, where investors can gather and trade for their own accounts. Bu ...
Double Top and Bottom
In technical analysis, chart patterns explaining movements in a security or other investment drawn like letter W (double bottom) or letter M (doubl ...
Tranches
Part, piece, portion, or slice of a transaction or structured financing. It refers to one of the numerous securities offered at the same time but h ...
Financing Statement
A written document detailing the financing agreement between the lender and the borrower. It should have the names and addresses of the parties inv ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
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, ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |