COMPENSATORY DAMAGES
Amount of money awarded to a plaintiff or his beneficiary to compensate for the damage, injury, or loss. Such compensations are awarded in civil court cases where loss occurred due to another party’s negligence or unlawful conduct. To receive this, the victim must prove the loss has occurred and if it should be attributed to the defendant. Also, he has to quantify the amount of loss before a jury or judge.
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Fraternal Organization
A brotherhood organization whose members freely associate for a mutually beneficial purpose such as for professional, and social principles.
Closed Loop MRP
Manufacturing resource planning system used in production planning and inventory control, with an information feedback feature allowing plans to be ...
Escalator Clause
Contract provision calling for an increase in prices to another party. These are normally linked to factors beyond their control such as inflation. ...
Tracker Fund
Index fund trailing the performance of a broad market index or segment. It invests in all or some of the securities within the fund. Also called in ...
Debenture
It is a debt instrument that is not secured by a physical asset or a collateral. It is backed by general creditworthiness of the issuer. Both corpo ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:30 | PMI Manufacturing | May | |
| 03:00 | MI Inflation Gauge | May | |
| 03:45 | Markit Final Manufacturing PMI | May | |
| 08:30 | Commodity Prices | May | |
| 09:15 | PMI Manufacturing | May | |
| 09:45 | PMI Manufacturing | May | |
| 09:50 | PMI Manufacturing | May | |
| 09:55 | PMI Manufacturing | May | |
| 10:00 | PMI Manufacturing | May |
