INTEREST
- Cost of borrowing money for a given time period, usually expressed as an annual percentage rate.
- Amount of ownership a shareholder has in a corporation, normally expressed as a percentage.
Interest is computed using one of two methods: simple interest calculation or compound interest calculation.
POPULAR TERMS
Investment Strategy
An investor’s systematic attack plan to guide his investment decisions according to an individual’s financial goals, risk tolerance, an ...
American Jobs Creation Act of 2004
Designed for multinational corporations, domestic manufacturers and other entities, as well as energy sector and the agriculture. It has 270 provis ...
DOP
Currency abbreviation for the peso oro, Dominican Republic’s lone official legal currency. The currency is comprised of 100 centavos and is p ...
Short-Term Paper
Short-Term Paper is a kind of financial instrument. They usually have less than nine months in their original maturity and are issued with a discou ...
Endowment
Financial asset donated to a non-profit institution, in the form of investment funds or property, with the purpose at the donor’s bequest. Th ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
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 ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |


