BUILDING AND LOAN ASSOCIATION
Federal or state chartered depository financial institution specializing in collecting savings deposits from clients, and investing it in residential mortgage loans. Usually held mutually, both depositors and borrowers can direct the organization’s financial goals. Also called savings and loan association.
POPULAR TERMS
Unilateral Contract
Unilateral Contract is a legally enforceable agreement between legally competent parties to do or refrain from doing a particular act or acts.
...
Circular Flow of Income
Neoclassical economic model describing how money circulates throughout an economy, between individuals and businesses. In simplest terms, the econo ...
Menu Costs
An economic term used to denote the fees incurred by businesses in updating its menu or price sheet. How expensive it is to change prices depends o ...
Non-Operating Expense
Expenses incurred by activities that are not related to the main operations of a business.
Underwriting Standard
Underwriting Standard is a set of rules designed to ensure that only safe and secure loans are being issued or maintained.
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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 ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | BRC Retail Sales Monitor | Sep | |
| 01:50 | Bank Lending | Sep | |
| 01:50 | Domestic Corporate Goods Price Index | Sep | |
| 02:30 | NAB Business Confidence | Sep | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | CPI | Sep | |
| 08:00 | Harmonized CPI | Sep | |
| 12:00 | NFIB Small Business Index | Sep | |
| 16:00 | Existing Home Sales | Sep |
