COMMUNITY CURRENCY
Paper scrip issued at the county, town, or community level to be used at local participating businesses. It aims to encourage spending business to help boost the firms’ sales. Local residents may exchange dollars for community currencies at any participating local bank branches, which is usually discounted to encourage their use. Business owners accepting community currencies has to create separate accounting methods to handle several taxation guidelines. But it is considered an acceptable tradeoff for increased business from local consumers.
POPULAR TERMS
Implied Repo Rate
Return rate that can be generated by selling a bond futures or forward contract and purchasing an underlying bond of the same amount in the cash ma ...
Open Order
An order to buy or sell a security that stays open until it is either executed, canceled by the customer or until it expires. One of the factors wh ...
Evolutionary Economics
Field of study exploring the processes and resources affecting a firm’s development and transformation. It is a blend of Darwinian principles ...
Financial Modeling
A method of constructing a financial representation of all aspects of a firm or given security. It is typically characterized by performing calcula ...
Minsky Moment
A moment when a market fails or falls into crisis, following a prolonged period of market speculation or unsustainable growth. Anchored on the idea ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
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 ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Nov | |
| 02:30 | ANZ Jobs Advertisements | Nov | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 02:30 | Retail Sales | Oct | |
| 09:00 | Trade Balance | Oct | |
| 09:30 | CPI | Nov | |
| 10:00 | Unemployment Change | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 17:00 | Factory Orders | Oct |
