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 Any deposited amount not withdrawn in that account through check-writing process will be applied to the mortgage balance at the end of the month as principal repayment.
Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
Hedging 101: The Basics
Hedging is one of the commonly heard terminologies in the field of investing and is considered as important as portfolio appreciation. Every indivi ...
Road to Becoming a Managing Director
It takes a bachelor’s degree, a two-year internship, an MBA program, and at least an excellent work experience to become a managing director ...
Be SMART, Notch Your Investment Goals
Today, clients have more investment options to choose from. Technology has made it more possible. Now, all it takes is finding ways to achieve your ...
Why Financial Advisors are Fired
What defines a financial advisor? Figures and performance. If these two do not get along, it is very simple for clients to leave his or her financi ...
Depending on Bond Rating Agencies
There’s nothing wrong with relying on rating agencies to choose the best bonds. These firms can make or break an entity’s success in bo ...
SEE FOREX TUTORIAL
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 ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
|14:30||FOMC Member James Bullard Speaks|
|16:50||FOMC Member Raphael W. Bostic Speaks|
|02:30||Tertiary Industry Index||May|
|07:00||BOJ Core CPI||Apr|
|08:00||Public Sector Net Borrowing||Apr|