CHIEF LEGAL OFFICER - CLO
Legal executive of a publicly traded company. He is responsible for helping the company in minimizing its legal risks by giving legal advice to other officers and board members on any major legal and regulatory woes a firm faces including litigation risks. He also manages the company’s in-house lawyers.
POPULAR TERMS
Hedge Clause
A disclaimer found in financial documents that protects authors of financial reports from liability for errors within the report.
8-a Firm
Company owned and operated by individual that is socially or economically disadvantaged. Such firms are qualified for financial assistance, mentori ...
Credit Cliff
Slang term for compounding a firm’s credit deterioration due to provisions such as financial covenants, or events that ignites a change in it ...
Default Judgment
A binding judgment issued by a court in favor of the plaintiff when the defendant fails to respond to a court summons or fails to appear in court. ...
Upstream Guarantee
Upstream Guarantee is a contingent liability on a the financial statements of a subsidiary. In this contingent liability, the subsidiary guarantees ...
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 ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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.
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
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 |
|---|---|---|---|
| 06:30 | Industrial Production | Jun | |
| 06:30 | Tertiary Industry Index | Jun | |
| 09:00 | Fixed Asset Investment | Jul | |
| 09:00 | Industrial production | Jul | |
| 09:00 | Retail Sales | Jul | |
| 09:00 | Unemployment Rate | Jul | |
| 09:00 | NBS Press Conference | ||
| 14:30 | Consumer Price Index | Jul | |
| 14:30 | Consumer Price Index Core | Jul |


