LIQUIDATE
- Convert into liquid form (cash) by selling it in an open market.
- Sell all the company’s assets in order to settle or adjust an obligation. The remaining shares will be distributed to shareholders and get out of business.
- A broker’s call to sell his or her customer’s securities in the event of default.
- When an entity decides or is forced by a legal judgment or litigation to turn assets into cash in order to pay the extent of damages to be settled.
POPULAR TERMS
Bank Card
Any card given against a depositary account, such as a debit card or ATM card. There are instances that the phrase is also employed to refer to Mas ...
Living Will
A legal document that specifies what an individual (principal) does or does not want should he or she becomes terminally ill or in ...
IRS Publication 926
A document that gives information for individuals who has a household employee. Published by the Internal Revenue Services (IRS), this includes mai ...
Tax Fairness
Tax platform based on the concept of creating a balanced, clear, and equitable tax system. In general, it seeks to limit the amount of tax legislat ...
Financial Crisis
It occurs when the value of financial institutions or assets drops quickly. Investors sell off assets or withdraw money in fear that those assets&r ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
