INTEREST COST
Total interest incurred by a borrower over the entire term of a loan. The amount should include any points paid to cut down the interest rate on a loan, since points are basically pre-paid interest. In addition, any negative points or rebates paid by a lender to a borrower should be deducted from the interest cost since they are in effect a refund of future interest the borrower will pay on the loan.
POPULAR TERMS
Closet Indexing
Investing strategy in which an investor or investment manager attempts to attain returns similar to the performance of a benchmark index without ex ...
Stub Quote
Order to buy or sell a stock above the stock’s market price. Trading companies use these quotes when they don’t want to trade at specif ...
Swing for the Fences
Expression used to describe huge returns in the stock market. Investors aiming to swing for the fences are endeavoring to reach a financial home ru ...
Blue Collar
Working class individual that perform manual labor and is paid per hour. In history, manual laborers wore blue shirts, which could hold a slight du ...
Desk Trader
A trader restricted to instituting trades for the clients of a firm and unable to trade with own accounts of his or her firm.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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 ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | NAB Business Confidence | Apr | |
| 03:30 | Retail Sales | Mar | |
| 08:00 | Prelim Machine Tool Orders | Apr | |
| 08:45 | Industrial Production | Mar | |
| 09:30 | Halifax House Price Index | Apr | |
| 10:30 | Sentix Investor Confidence | May | |
| 20:00 | FOMC Member Charles Evans Speaks | ||
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:30 | Household Spending | Mar |
