DELAYED DRAW TERM LOAN
A feature in a loan that stipulates the borrower. It says that the borrower can withdraw predefined amounts of the total pre-approved amount of a term loan at contractual times. This type of loan is only offered to individuals that meet a certain requirements and have outstanding credit ratings. There are different types of contractual caveats the borrower must meet, such as maintaining a certain level of cash on hand or maintaining a minimum quick ratio factor.
POPULAR TERMS
Bank Card
Any card given against a depositary account, such as a debit card or ATM card. There are instances that the phrase is also employed to refer to Mas ...
Living Will
A legal document that specifies what an individual (principal) does or does not want should he or she becomes terminally ill or in ...
IRS Publication 926
A document that gives information for individuals who has a household employee. Published by the Internal Revenue Services (IRS), this includes mai ...
Tax Fairness
Tax platform based on the concept of creating a balanced, clear, and equitable tax system. In general, it seeks to limit the amount of tax legislat ...
Financial Crisis
It occurs when the value of financial institutions or assets drops quickly. Investors sell off assets or withdraw money in fear that those assets&r ...
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SEE FOREX TUTORIAL
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.
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
