ENRON
American energy trading and utilities firm which brought one of the largest accounting frauds in history. Its executives incorporated accounting acts which falsely inflated its revenue. At the height of the scandal, the company became the seventh biggest company in the United States. When the fraud ended, it filed for Chapter 11 bankruptcy in 2001.
POPULAR TERMS
Torrens Certificate
Certificate issued by government agencies stating property ownership. The document allows transferring a property without completing the required t ...
Lien
Creditor’s legal right of ownership to take possession or sell the collateral property of debtor who failed to meet the obligations specified ...
Incorporated Trustee
Corporation, normally a bank trust department or trust company, authorized to act as the Fiduciary for a private trust. This is different to an ind ...
Jurisdiction Risk
The inherent risk that arises when doing business in a foreign jurisdiction or when an investor is exposed to perils due to unexpected changes in l ...
Joint Tenants with Right of Survivorship - JTWROS
A brokerage account owned by at least two individuals. All joint owners share equal right to the account’s assets and are given survivorship ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
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: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jul | |
| 04:00 | Real GDP | 2 quarter | |
| 04:00 | Real GDP (YTD) | 2 quarter | |
| 04:00 | Industrial production | Jun | |
| 04:00 | Fixed Asset Investment | Jun | |
| 04:00 | Retail Sales | Jun | |
| 04:00 | NBS Press Conference | ||
| 04:00 | Unemployment Rate | Jun | |
| 10:00 | Trade Balance | May |
