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
Naked Trust
This is commonly used by parents or grandparents, where they transfer assets to their beneficiaries like their children or grandchildren. Once the ...
Crossover Refunding
Issuance of new municipal bonds or refunding bonds by a local government in which the proceeds of these bonds are placed in escrow and used to make ...
Low-Down Mortgages
Secured mortgage programs that require a small down payment. It normally require a downpayment from 3%-5% of the property value. But some lenders h ...
Blow-Off Top
Chart pattern describing a steep and rapid rise in a security’s price and trading volume followed by a steep and sudden fall in its price and ...
Coverage Initiated
Instance in which a brokerage or analyst issues his initial rating on a specific stock or sector.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
