CFP FRANC - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d'Outre-Mer (IEOM) issues the currency. It can also pertain to franc pacifique since the Pacific Ocean region use it. The franc is divided into centimes. CFP stands for Comptoirs Français du Pacifique or French Pacific Banking Agreement in English.
POPULAR TERMS
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Sports Illustrated Swimsuit Issue Indicator
Sports Illustrated Swimsuit Issue Indicator is the belief that the performance of the stock market may be indicated based on the nationality of the ...
90/10 Strategy
Investing technique in which an investor allocates 90% of the investment capital in interest-bearing instruments with lower risk level, and 10% in ...
Scheduled Recast
Scheduled Recast is rechecking the computation of the remaining schedule of a mortgage set to be done at a date agreed upon and known prior. Mortga ...
Shared Equity Finance Agreements
Shared Equity Finance Agreements is when two parties share the purchase of a primary residence. In the agreement the stronger party, in the case of ...
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