DEVALUATION
The reduction in the value of a currency’s exchange value. It may improve the balance of payments of a country by boosting exports and reducing imports.
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Muriel Siebert
The First Woman of Finance; President and Founder of Siebert Financial Corp., a holding company that owns and operates a discount brokerage a ...
Avoidable Cost
It is the expense that will not be spent if that particular operation or activity is not performed by the company. It refers to the costs of variab ...
Straight Credit
Letter of credit which can only be paid at the counters of the issuing bank or a designated drawee bank authorized to make payment. This can only b ...
Monthly Treasury Average Index - MTA Index
12-month moving average of the one year constant maturity treasury (CMT) used for adjustable rate mortgages. To compute, add the 12 latest monthly ...
Variable Life Insurance Policy
Variable Life Insurance Policy is a type of life insurance that provides permanent protection to the beneficiary upon the policyholder’s deat ...
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SEE FOREX TUTORIAL
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Industrial Production | Apr | |
| 08:30 | Producer & Import Prices | May | |
| 11:00 | Industrial Production | Apr | |
| 14:30 | Manufacturing Shipments | Apr | |
| 15:30 | Leading Indicators | Apr | |
| 00:45 | Food Price | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 03:30 | House Price Index | 1 quarter | |
| 06:30 | Tertiary Industry Index | Apr |
