CONCESSION AGREEMENT
Negotiated contract between a firm and a government, which gives the company the right to operate a given business within the government’s jurisdiction, subject to some conditions. This may also pertain to an agreement the the facility owner and concession owner or concessionaire granting the latter sole rights to operate a particular business in the facility, subject to some conditions. Regardless of the type of concession, the concessionaire normally pays the party granting the right ongoing charges, either a fixed amount or a portion of revenues.
POPULAR TERMS
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Car Title Loan
Short-term loan where the borrower’s vehicle serves as the collateral. The borrower as the lien holder, the loans normally last for less than ...
Bill Announcement
Usually published by the US Treasury Department telling where and when will be the next bill auction. It outlines the next bill auction.
Foreign Fund
A fund that invests in companies outside the country of residence of an investor.
Indexed Earnings
Previous salaries or earnings that have been modified for changes in the overall wage level in the economy according to a specific index. These are ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
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 ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | New Housing Price Index | Aug | |
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
| 16:00 | FOMC Member Randal K. Quarles Speaks | ||
| 16:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks | ||
| 18:00 | FOMC Member Lael Brainard Speaks |
