CASH BACK
- In a debit card transaction, it is the option available to retail consumers in which the client can request to add an extra amount to the purchase price and gets the accrued amount in cash. Using debit provides customer a convenient way to attain cash when buying goods and services without going to an ATM or bank.
- Benefit given by credit card firms to its clients, which pays the cardholder a small percentage of their net expenditures (purchases minus refunds). It frequently gives an opportunity to select from taking the cash or using points for purchasing goods or services, travel, or gift cards. Normally, cardholders must obtain a specific points level to redeem for cash or other perks.
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Thierry Desmarest
Chairman, and former Chief Executive Officer and President of Total, one of the biggest oil and gas firms worldwide. During his tenure, the company ...
Bank Stress Test
Analysis done because of unfavorable economic scenarios that is needed to know if a bank has enough capital with the impact of the development. ...
Interest Rate
The amount charged by a lender to a borrower for using assets. Expressed as a percentage of principal, these are usually noted on an annual basis, ...
Cracking
Method of breaking down a larger product into smaller by-products. Used in the oil and gas industry, this can be accomplished by employing various ...
Quasi-Reorganization
This is a procedure where recapitalization is achieved through the elimination of the deficit that exists and the establishment of a new earned sur ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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08:30 | Producer & Import Prices | Mar | |
11:00 | Industrial Production | Feb | |
14:30 | Manufacturing Shipments | Feb | |
14:30 | Wholesale Sales | Feb | |
14:30 | Retail Sales | Mar | |
14:30 | NY Fed Empire State manufacturing index | Apr | |
16:00 | Business Inventories | Feb | |
16:00 | NAHB Housing Market Index | Apr | |
04:00 | Real GDP | 1 quarter |