DEBTOR IN POSSESSION
An individual or corporation that has filed for Chapter 11 bankruptcy protection and remains in control of property that a creditor has a lien against, or retains the power to operate a business. A debtor who files a Chapter 11 bankruptcy case becomes the debtor in possession. A DIP can operate in the ordinary course of business, but is required to seek court approval for any actions that fall outside of the scope of regular business activities.
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Retirement Contribution
A contribution to a retirement plan. It may be pretax or after tax, depending if the plan is qualified, how much the contribution is in relation to ...
Credit Card Teaser Rate
Lower interest rate imposed to a new cardholder over a set period. Credit card companies use this tool to attract new clients. As per the CARD Act ...
Grading Certificate
Document issued by inspectors or an approved grading panel, stating the quality of a commodity. It is significant since a commodity must be declare ...
Environmental Economics
Economic field studying the economic impact of environmental policies. Environmental economists conduct studies to identify the empirical or theore ...
Trickle-Down Effect
Phenomenon in which an advertisement is rapidly circulated through word of mouth or viral marketing. It works when an ad is too compelling due to i ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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07:00 | Economy Watchers Survey | Jan | |
11:30 | Sentix Investor Confidence | Feb | |
01:30 | Westpac Consumer Sentiment | Feb | |
02:01 | BRC Retail Sales Monitor | Jan | |
02:30 | NAB Business Confidence | Jan | |
13:00 | NFIB Small Business Index | Jan | |
15:30 | Building Permits | Dec | |
17:00 | Federal Reserve Chairman Jerome Powell Speaks | ||
22:30 | FOMC Member John C. Williams Speaks |