FINANCIAL ASSET SECURITIZATION INVESTMENT TRUST - FASIT
A financing tool that allows for the securitization of non-mortgage assets and usually involves debt obligations with short maturities such as credit card receivables, home equity loans and car loans. Financial Asset Securitization Investment Trust (FASIT) is similar to Real Estate Mortgage Investment Conduits (REMIC), created under the Small Business Job Protection Act of 1996.
POPULAR TERMS
BIF - Burundi Franc
Currency abbreviation for the Burundi franc, the official currency of the Republic of Burundi. Presented with the symbol FBu, it is comprised of 10 ...
Marketing Campaign
Activities and efforts of the company’s marketing arm or a third party marketing firm that is designed to promote a business, product, or ser ...
Capped Fund
Mutual fund limiting the amount of operating expenses, which can be charged to shareholders annually. Limit is the ratio of total operating costs d ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Uninsurable Risk
Uninsurable Risk is a hazard or condition with a high likelihood of loss or in which the insurance would be deemed to be against the law.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Oct | |
| 03:30 | PPI | Oct | |
| 07:00 | Leading Indicators | Sep | |
| 09:00 | Trade Balance | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 17:00 | Wholesale Inventories | Sep | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct |


