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
Average-Cost Method
It is a method of costing wherein the pool of asset’s value or expenses is being assumed to be equal to the expenses or the cost of assets&rs ...
Annual Premium Equivalent - APE
A usual technique to measure sales employed by insurance companies in the United Kingdom, where the sales of specific entity are estimated by acqui ...
Specific Risk
Specific risk is also known as ‘unsystematic or diversifiable risk’. It is the risk that influences only specific assets which means th ...
Write Out
Write Out is a dual trade transaction carried out by a specialist in an individual stock issue.
Lehman Aggregate Bond Index
An index used to serve as a benchmark in order to measure the relative performances of bond funds being traded. It includes asset-backed securities ...
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Student Loans: Consolidating Private Loans
Fixed interest rates.
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Principles of Trading: Leverage and Margin
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An Introduction to Insurance
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:15 | PMI Manufacturing | Nov | |
| 10:15 | PMI Services | Nov | |
| 10:15 | Composite PMI | Nov | |
| 10:30 | PMI Manufacturing | Nov | |
| 10:30 | PMI Services | Nov | |
| 10:30 | Composite PMI | Nov | |
| 11:00 | PMI Manufacturing | Nov | |
| 11:00 | PMI Services | Nov | |
| 11:00 | Composite PMI | Nov |
