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
Exercise Price
Price at which the contract can be exercised, either to purchase (call option) or sell (put option). It is set at the time the option contract is c ...
Doctor Copper
Market jargon for the base metal that is said to have a Ph.D. in economics because of his capacity for predicting turning points in the global econ ...
Special Revenue Fund
Special revenue fund is a government account where the collected money is utilized for the carrying out of a specified project. The special revenue ...
Bandwidth
The transfer capacity of data by a network which is measured through the number of bits per second.
Bear Fund
Mutual fund designed to generate higher profits when the market declines. The fund, normally comprised of funds and mutual funds, employs short-sel ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Gauging Inflation
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.
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 18:45 | FOMC Member James Bullard Speaks | ||
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 02:00 | RBA Governor Philip Lowe Speaks | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | May | |
| 10:00 | Current Account (sa) | Apr | |
| 12:00 | CBI industrial order books balance | Jun |
