CHARGE CARD
Card allowing the user to make purchases without interest charges but the user is obliged to settle his balance in full upon receiving the statement, normally sent monthly. One major benefit of charge card is it has higher spending limits than a credit card. However, its major downfall is it imposes huge penalties on any unpaid balance.
POPULAR TERMS
Purchase-Money Mortgage
A mortgage issued to the borrower by the seller of the home as part of the purchase transaction. This is usually done in situations in which the bu ...
Best Bid
The highest bid for a particular trading instrument among all those offered by competing market makers. The best bid is effectively the highest pri ...
Accumulated Earnings and Profits
It is the net profit of a company after the stockholders distribution’s deduction. It is usually calculated at the beginning of the year. ...
Cash Plus Fund
Fund developed for conservatives investors looking at preserving capital and reasonable investment returns. Commonly found in Australia, managers o ...
CFA Institute
International organization with primary mandate of denoting and maintaining a high standard for the investment industry. It is comprised of over 70 ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 06:30 | Industrial Production | Jan | |
| 12:00 | Current Account (sa) | Jan | |
| 13:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Jan | |
| 16:00 | NAHB Housing Market Index | Mar | |
| 17:10 | ECB’s Peter Praet Speaks | ||
| 22:00 | Westpac Consumer Confidence | 1 quarter | |
| 00:00 | RBA Assistant Governor Christopher Kent Speaks |
