EXCLUSIVE LISTING
Formal agreement in a real estate transaction stating a real estate agent has the right to earn commission if a property is sold within an indicated number of months, regardless on how a buyer is found. It aims to encourage the agent to sell the property speedily at the highest price possible. But if the homeowner signed an exclusive listing agreement with an agent and also placed an advertisement for the property, and if the buyer discovered the property from the advertisement, the real estate agent would still be given a commission unless the seller created the established exclusive agency.
POPULAR TERMS
Stock Certificate
Document outlining ownership in a firm, which shows details including the number of shares owned, date, identification number, corporate seal, and ...
Clientele Effect
Theory stating a firm’s stock price moves based on the demands and goals of investors relative to a dividend, tax, or other policy changes wh ...
Contra Liability Account
Account debited to offset another liability account. It is used to adjust the book value of an asset or liability.
Wasting Asset
Wasting Asset is any item that irreversibly devalues over time.
Supply-Side Theory
Economic theory stipulating the best effective way to stimulate economic growth is boosting an economy’s capacity to supply more products and ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
