FIRST-LOSS POLICY
A property insurance policy that provides only partial insurance. In the event of a claim, the policyholder agrees to accept an amount less than the full value of damaged or stolen items. In return, the insurer agrees not to penalize the policyholder for under-insuring their goods or property.
POPULAR TERMS
Term
Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
Time ...
Social Networking
Social networking is networking through the use of social media with the purpose of socialization, business, or both. It basically establishes conn ...
Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Oct | |
| 02:30 | ANZ Jobs Advertisements | Oct | |
| 02:30 | Building Approvals | Sep | |
| 03:45 | Markit Final Manufacturing PMI | Oct | |
| 07:30 | Commodity Prices | Oct | |
| 09:00 | Retail Sales | Sep | |
| 09:33 | Retail Sales | Sep | |
| 10:15 | PMI Manufacturing | Oct | |
| 10:30 | Procure PMI Index | Oct |


