GROSS NATIONAL PRODUCT - GNP
Wide measure of a country’s total economic performance including GDP, plus any income earned by residents from foreign investments, minus income generated within the local economy by overseas residents. GNP is gauged year over year.
POPULAR TERMS
Unilateral Contract
Unilateral Contract is a legally enforceable agreement between legally competent parties to do or refrain from doing a particular act or acts.
...
Circular Flow of Income
Neoclassical economic model describing how money circulates throughout an economy, between individuals and businesses. In simplest terms, the econo ...
Menu Costs
An economic term used to denote the fees incurred by businesses in updating its menu or price sheet. How expensive it is to change prices depends o ...
Non-Operating Expense
Expenses incurred by activities that are not related to the main operations of a business.
Underwriting Standard
Underwriting Standard is a set of rules designed to ensure that only safe and secure loans are being issued or maintained.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | BRC Retail Sales Monitor | Sep | |
| 01:50 | Bank Lending | Sep | |
| 01:50 | Domestic Corporate Goods Price Index | Sep | |
| 02:30 | NAB Business Confidence | Sep | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | CPI | Sep | |
| 08:00 | Harmonized CPI | Sep | |
| 12:00 | NFIB Small Business Index | Sep | |
| 16:00 | Existing Home Sales | Sep |


