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 Today, the currency is obsolete as this island is using the Australian dollar as its currency.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
International Institute for Management Development - IMD
A business school situated in Lausanne, Switzerland. IMD was established in 1990 after the merger of two management education centers that were ini ...
Contingency
Possible negative economic event or circumstance that may emerge in the future.
In finance, determining and planning any conting ...
Versioning
Versioning refers to a business practice wherein a company manufactures different models of the same product and then charges varying prices for ev ...
Registered Pension Plan - RPP
This is form of a trust which provides pension benefits for a company’s employee upon retirement. Registered Pension Plans are registered wit ...
Net Premium
Projected current value of a policy’s benefit minus the expected prevailing value of future premiums. This computation does not consider futu ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
