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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Foam The Runway
A term indicating the last-minute infusion of cash into a company about to go bankrupt. Airports foam runways prior to an imminent crash landing to ...
Soft Commodity
Soft commodities are commodities that are, in general, grown and not mined. Examples of soft commodity include fruit, cocoa, sugar, and coffee. ...
Blanket Insurance
Liability insurance which covers more than one property within the same location, same property at different locations, or multiple properties at m ...
American Taxpayer Relief Act of 2012
Act averting the tax aspect of the fiscal cliff by preventing several tax breaks from maturing as scheduled. It also ...
Present Value Of An Annuity
It refers to the discount amount of a dividend payment over the stock or bond’s term.
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SEE FOREX TUTORIAL
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In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Macroeconomics: A Brief History
Macroeconomics is a branch of study under Economics that deals with the economy’s growth and the way it behaves. It examines nationwide pheno ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Jun | |
| 07:00 | Leading Indicators | May | |
| 08:00 | Industrial Production | May | |
| 09:00 | Foreign Currency Reserves | Jun | |
| 10:30 | Sentix Investor Confidence | Jul | |
| 11:00 | Retail Sales | May | |
| 01:50 | Bank Lending | Jun | |
| 01:50 | Current Account | May | |
| 03:30 | NAB Business Confidence | Jun |
