CMG PLAN
Mortgage plan in which the mortgage of a borrower is designed like a checking account. Paychecks are directly deposited into the mortgage account and balance is deducted by that amount. The mortgage balance increases as checks are written against the account during the given month. Any deposited amount not withdrawn in that account through check-writing process will be applied to the mortgage balance at the end of the month as principal repayment.
POPULAR TERMS
Pacific Exchange - PCX
PCX was one of the four United States exchanges to trade equity options and also the first to implement an electronic trading system. This exchange ...
Cyber Monday
Expression in online retailing which describes the Monday after the Thanksgiving weekend in the United States. It is generally perceived as the beg ...
SEC Form 305B2
SEC Form 305B2 is an initial statement filed with SEC as an application for the designation of a new trustee under the Securities and Exchange comm ...
Silver Standard
Silver standard is is a monetary system wherein the government of a particular country permits the free conversion of the country into silver that ...
Corporate Kleptocracy
Slang phrase for greediness of company executives who use underhanded tactics to skim money of shareholders. The buzzword becomes popular after for ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Retail Sales | 1 quarter | |
| 00:45 | Visitor Arrivals | Apr | |
| 01:01 | Rightmove House Prices | May | |
| 01:50 | Trade Balance | Apr | |
| 05:00 | Credit Card Spending | Apr | |
| 16:30 | Leading Index (Conference Board) | Mar | |
| 17:30 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:05 | FOMC Member Patrick T. Harker Speaks | ||
| 23:30 | FOMC Member Neel Kashkari Speaks |
