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.
POPULAR TERMS
Return On Assets - ROA
ROA measures the profit a company generates as percentage of its total assets’ value.
Channel Stuffing
Deceptive business practice in which a firm inflates its sales and earnings futures by sending more inventory to retailers than it can sell to the ...
Actuarial Cost Method
A method employed by actuaries for the calculation of the periodic amount that a company has to pay for the coverage of the pension expenses. The t ...
Absolute Priority
It is a rule that says the order of payment when a company liquidates its asset—creditors first before the shareholders. This rule is commonl ...
Gadfly
Colloquial term for an investor criticizing a firm’s executives at the annual shareholders meeting. This shareholder outlines certain issues ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
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 | ||
| 08:00 | Wholesale Price Index | Sep | |
| 12:00 | Bundesbank Monthly Report |
