CREDIT EVENT
Sudden and tangible change in a borrower’s credit standing or drop in credit rating. Such event questions the borrower’s capacity to pay off its debt. A trigger in a credit derivative contract or credit default swap, the contract buyer must pay the seller the agreed-upon sum to compensate for the loss should the borrower goes through a credit event.
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Assumption Clause
A mortgage contract provision that permits the seller of a home to transfer the responsibility to the buyer of the home for its existing mortgage. ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Mismatch
Generally speaking, it is an incorrect or unsuitably match. In banking, it pertains to a situation in managing assets and liabilities. It happens w ...
Organic Reserve Replacement
It is the measure of reserves of a company by their own exploration and production, not by their purchase of reserves. When an oil company has a hi ...
Community Reinvestment Act - CRA
Act encouraging depository institutions to help meet credit needs of the community, specifically low and moderate income neighborhoods. Enacted in ...
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SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
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 ...
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 ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Jan | |
| 10:00 | Ifo Business Climate Index | Mar | |
| 10:00 | Ifo Current Assessment | Mar | |
| 10:00 | IFO - Expectations | Mar | |
| 10:00 | M3 Money Supply | Feb | |
| 10:00 | Private Sector Credit | Feb | |
| 12:00 | CBI retail sales volume balance | Mar | |
| 01:01 | BRC Shop Price Index | Mar | |
| 02:30 | Retail Sales | Feb |
