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
European Depository Receipt - EDR
Negotiable security (receipt) issued by a bank, representing securities that trade on exchanges outside the bank’s home country. These are tr ...
Import
Product or service shipped into a country or region from another. Exports and imports create the strength of foreign trade. If the value of imports ...
Running With The Land
Rights and covenants in a real estate deed that remain with the land, regardless of ownership. When rights and covenants run with the land, they ar ...
Income Effect
In economic theory, it refers to a change in the demand of a product or service caused by the consumers’ discretionary income. The connection ...
Capital Improvement
The attachment of a fixed structural improvement or the recovery of some feature of a property that will either boost the property's overall wo ...
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Inflation and Investments
“How does inflation affect my investments?”
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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 ...
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It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
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