CHECK ROUTING SYMBOL
Set of numbers showed as the denominator of a fraction, printed in the upper right portion of any check paid through the Federal Reserve system. It contains three to four digits and three pieces of information: district of the paying bank, facility processing the check, and funds’ availability the Fed assigned. The upper digit in numerical fraction is called the ABA transit number.
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General Partnership
Arrangement in which partners conducting a business jointly share endless liability, meaning their personal assets are liable to the partnership&rs ...
Posterior Probability
The revised probability of an event occurring after taking into consideration new information. Posterior probability is normally calculated by upda ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Aggregate Hours
The total work hours of all employed individuals, either part time or full time, within a year. Aggregate hours can also point to the total work ho ...
Market Performance Committee
A committee, a group of specialists and allied members of the New York Stock Exchange (NYSE), that are behind the effective and orderly trading mar ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Real GDP | 3 quarter | |
| 04:00 | Real GDP (YTD) | 3 quarter | |
| 04:00 | Fixed Asset Investment | Sep | |
| 04:00 | Industrial production | Sep | |
| 04:00 | Retail Sales | Sep | |
| 04:00 | Unemployment Rate | Sep | |
| 04:00 | NBS Press Conference | ||
| 11:30 | FOMC Member Randal K. Quarles Speaks | ||
| 14:15 | Housing Starts | Sep |
