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
Incipient Default
When a borrower is in danger of default, which foreshadows an individual’s or company’s incapacity to settle a debt obligation.
Chartered Business Valuator - CBV
Designation given to a financial professional who determines all or part of a business or company. This professional accounts many factors and meth ...
Retirement Money Market Account
A money market account that an individual holds within a retirement account such as an IRA. In a retirement money market account, deposits are plac ...
Investment Advisor
An individual or a group that gives investment advice or recommendations or regulates securities analysis in exchange for a fee, either via managin ...
Pump And Dump
A scheme trying to boost a stock’s price through recommendations based on false, misleading or greatly exaggerated statements. The perpetrato ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
Featured Investment: Annuity
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Investments are what trading is all about. And knowing about the various a ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Aug | |
| 08:00 | PPI | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:15 | BOC Senior Deputy Governor Carolyn Wilkins Speaks | ||
| 16:30 | Leading Index (Conference Board) | Jun | |
| 17:00 | FOMC Member Raphael W. Bostic Speaks | ||
| 20:00 | ECB's Jens Weidmann Speaks | ||
| 00:00 | RBA Governor Philip Lowe Speaks | ||
| 00:45 | Visitor Arrivals | Jul |
