DOUGLAS AMENDMENT
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the rule by getting an authorization of the state of the bank to be obtained. The authorization is rarely granted and permitted in limited circumstances.
POPULAR TERMS
Lease Payments
The amount or value the lesser should pay during the lease term. It is a line item under long-term debt that is indicated in a balance sheet. The l ...
Average Effective Maturity
It is a more accurate way to get the feel of the exposure of a single bond. In this case, a simple average can be a very misleading measure because ...
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 ...
Fund Company
A fund company manages, sells, and markets closed-end and open-end funds to the public. It offers a variety of funds and investment services, such ...
Strategic Buyer
Buyer in an acquisition with a definite reason to purchase the company. They seek firms that will establish a synergy with their prevailing busines ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
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 ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Trade Balance | Apr | |
| 10:00 | Ifo Business Climate Index | May | |
| 10:00 | Ifo Current Assessment | May | |
| 10:00 | IFO - Expectations | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | May | |
| 16:15 | BOE Deputy Governor Andrew Bailey Speaks | ||
| 16:15 | ECB board member Joachim Nagel deliver a speech | ||
| 18:00 | FOMC Member Raphael W. Bostic Speaks |
