INITIAL OFFERING DATE
Date which marks the date the security is made available to the public for the first time. The initial offering date is fixed over the underwriting process. In stocks, it refers to the initial public offering date. Insiders and underwriters are prohibited from issuing earnings postulations or research reports on the firm. It also pertains to the initial offering of shares in other assets including mutual funds.
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Convertible Currency
Currency which can be easily and readily bought or sold for another currency without government restrictions. Also known as hard currency.
Nominal Interest Rate
The interest rate before taking inflation into account. The nominal interest rate is the rate quoted in loan and deposit agreements. The equation t ...
Automated Clearing House - ACH
A fund transfer system that deals with direct deposit, payroll, consumer bills, tax refunds, and many more payment services.
Flipping
Flipping refers to a real estate investment strategy where investors buy properties and then sell them for a profit.
Transfer-for-Value Rule
Tax-liability rule stating a portion of the death benefit is considered an ordinary income and subject to taxation if a life insurance policy is so ...
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SEE FOREX TUTORIAL
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Capital Spending | 4 quarter | |
| 02:00 | MI Inflation Gauge | Feb | |
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 03:45 | Markit Final Manufacturing PMI | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 09:30 | Retail Sales | Jan | |
| 10:15 | PMI Manufacturing | Feb |
