DEFERRED INTEREST MORTGAGE
A mortgage loan that allows the borrower to make minimum payments that are less than the entire amount of interest owed. The remaining interest is added to the amount of loan to be paid off. The homeowner will let interest accrue, and will ultimately owe more than the original value of the loan. By making minimum payments that do not cover the loan principal, the balance on the loan is unlikely to get smaller since the interest is calculated on the outstanding principal.
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CFP Franc - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d ...
IRS Publication 575
A document that outlines the tax treatment of distributions from pensions and annuities, as well as the process of reporting income from these dist ...
Homeowners Association Fee - HOA Fee
A fee that has to be paid by owners of a residential property to an organization that helps with maintaining and improving that property.
Deep-Discount Bond
A bond that sells at a significant discount from par value. A bond that is selling at a discount from par value and has a coupon rate significantly ...
Non-Spouse Beneficiary Rollover
A retirement plan asset rollover performed in the event of the death of the account holder, where the recipient is not the spouse of the deceased. ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |
