FLOATING PRICE
The leg of a swap that is based on a fluctuating interest rate. In a plain vanilla interest rate swap, there are two streams of cash flows. Each stream is based on the same amount of notional principal, but one stream pays interest on that notional principal at a fixed rate (or fixed price) and one stream pays interest on the notional principal at a floating rate (or floating price).
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Sprinkling Provision
Sprinkling provision is a life insurance agreement provision. In it, trustees are enabled to disperse death benefits among the beneficiaries within ...
Emergence Plan
Firm’s formal strategy to exit Chapter 11 bankruptcy, which in a sense leaves the company sturdier than it was prior to declaring bankruptcy. ...
Unified Tax Credit
Unified Tax Credit is a tax credit given to every American citizen by the Internal Revenue Service. It allows every individual to gift a particular ...
Delivery Point
It is the place where the commodity will be delivered.
Average Price
A bond's price average which is calculated by summing up the face value of the price paid for it and dividing it by two. Average price ...
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SEE FOREX TUTORIAL
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 ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Change | Mar | |
| 16:00 | ISM Services PMI | Mar | |
| 01:30 | Household Spending | Feb | |
| 03:00 | ANZ Commodity Prices | Mar | |
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 05:35 | 30-Year JGB Auction | Apr | |
| 07:00 | Leading Indicators | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 09:15 | PMI Services | Mar |
