INTERPRETIVE LETTER
A letter issued by banking regulators that interprets the banking law for a given issue or party, which becomes effective immediately upon issuance. The letters are the same with the IRS letter rulings that clarifies tax law application. Although these letters don’t have the force of law, technically speaking, banks keenly pay attention to interpretive letter for many reasons.
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BIF - Burundi Franc
Currency abbreviation for the Burundi franc, the official currency of the Republic of Burundi. Presented with the symbol FBu, it is comprised of 10 ...
Marketing Campaign
Activities and efforts of the company’s marketing arm or a third party marketing firm that is designed to promote a business, product, or ser ...
Capped Fund
Mutual fund limiting the amount of operating expenses, which can be charged to shareholders annually. Limit is the ratio of total operating costs d ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Uninsurable Risk
Uninsurable Risk is a hazard or condition with a high likelihood of loss or in which the insurance would be deemed to be against the law.
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SEE FOREX TUTORIAL
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Oct | |
| 03:30 | PPI | Oct | |
| 07:00 | Leading Indicators | Sep | |
| 09:00 | Trade Balance | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 17:00 | Wholesale Inventories | Sep | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct |
