DUAL PURPOSE FUND
Fund created with two stock classes. Made by a closed-ended investment firm, every class has various entitlements to income or capital appreciation.
POPULAR TERMS
Tax-Exempt Sector
Market niche comprised of investment instruments exempt from federal taxes. Almost all investments in this group are municipal bonds, which is tax- ...
Barratry
An unlawful act wherein an attorney encourages the filing of a lawsuit or otherwise instigate a dispute, in order to earn a profit from legal fees. ...
Reverse Repurchase Agreement
It is the purchase of a security with the agreement to sell it at a higher price at a certain future date.
Expense Ratio
Gauge determining the costs an investment firm to operate a mutual fund. Computed annually, it is determined by dividing the operating expenses by ...
Eurocurrency
Currency deposited by corporations or national governments in banks outside their country of origin. Also called euromoney.
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, ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
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 ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
