GREENBACK
Colloquial term for the US dollar, named after the green color of the US currency bill. However, it was a negative term in the mid-1880s. At that time, the Continental Congress had no taxing authority. Because of that, the greenbacks did not have a secure financial banking and banks were hesitating to give customers the full value of the currency.
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Tape Shredding
Situation in which a broker splits an order for securities into smaller buy or sell orders. For some securities, smaller orders are easier to be ex ...
Consumer Interest
Interest incurred for personal loans, automobile loans, and consumer credit. It entails all types of nondeductible interest consumers must pay. ...
Asset Value Per Share
The whole value of an investment fund divided by its number of shares outstanding. This kind of asset value per share, most often, is regarded as & ...
NCUA-Insured Institution
National Credit Union Association or NCUA is equal to the Federal Deposit Insurance Corporation. The only difference is that, the NCUA deals with c ...
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 ...
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Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 09:00 | PPI | Feb | |
| 12:00 | Current Account (sa) | Jan | |
| 13:00 | Bundesbank Monthly Report | ||
| 23:45 | Trade Balance | Feb | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 04:00 | Credit Card Spending | Feb | |
| 09:00 | Trade Balance | Feb | |
| 09:00 | Public Sector Net Borrowing | Feb |
