COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION - CDFI
Private sector financial institution which provides credit and community development assistance to local communities. Their goal is to help individuals in these communities to become financially self-sufficient to increase their contributions in national economic growth and rebuild run-down areas. These institutions may acquire federal funding through the US Treasury Department. Private sectors including individuals, companies, and regions may also provide funding to CDFIs.
POPULAR TERMS
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 ...
Protest Divestment
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Co-Owner
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 ...
Prepaid Interest
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 ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 14:30 | FOMC Member James Bullard Speaks | ||
| 16:00 | Consumer Confidence | May | |
| 16:50 | FOMC Member Raphael W. Bostic Speaks | ||
| 02:30 | PMI Manufacturing | May | |
| 02:30 | Tertiary Industry Index | May | |
| 02:30 | PMI Composite | May | |
| 07:00 | BOJ Core CPI | Apr | |
| 08:00 | Public Sector Net Borrowing | Apr | |
| 09:15 | PMI Manufacturing | May |
