CHRISTMAS ISLAND DOLLAR
Previous currency of Christmas Island, an Australian island in the Indian Ocean. Today, the currency is obsolete as this island is using the Australian dollar as its currency. Dollarization refers to changing of a local currency to using another jurisdiction’s currency.
POPULAR TERMS
Uniform Business Rate
Uniform Business Rate is a multiplier used to determine the amount of money owners of commercial and industrial properties must pay to local govern ...
Subsidy
Financial aid given by the government to individuals or groups, normally in the form of a cash payment or tax reduction. Subsidy aims to eliminate ...
Multinational Pooling
A strategy used by global companies in managing the risk of its employee benefit plans worldwide. The several employee benefit programs of a multin ...
Redeposit
This requires an individual to reinvest a specific amount of money into their retirement fund after he or she previously requested and obtained a r ...
Commercial Code
Private and public laws regulating the conduct in commerce. It governs business and commercial transactions, as well as it deals with matters on co ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
