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 Today, the currency is obsolete as this island is using the Australian dollar as its currency.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
Minority Interest
Significant but does not control ownership of lower than 50% of the firm’s voting shares, either by an investor or another company.
Total Debt to Total Assets
Leverage ratio measuring the total amount of debt relative to assets. A higher ratio signals higher leverage degree and financial risk. The broad r ...
Contributed Surplus
Amount of money a company generates from sources outside corporate earnings including sale of new shares higher than its par value. It helps both i ...
Level-Premium Insurance
A term life insurance policy in which the premium remains the same throughout the duration of the contract. The premium an individual paid for leve ...
Static Budget
Static Budget is kind of budget that is composed of anticipated values of inputs and outputs prior to the period of operation. More often than not, ...
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Renovate or Move?
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Food Price | Jun | |
| 06:30 | Tertiary Industry Index | May | |
| 08:00 | Wholesale Price Index | Jun | |
| 17:30 | BoE Governor Andrew Bailey delivers a speech | ||
| 17:30 | FOMC Member John C. Williams Speaks | ||
| 20:00 | Federal Budget Balance | Jun | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 03:30 | NAB Business Confidence | Jun |
