LOAN MODIFICATION
The process of altering the terms and conditions of an existing loan in line with the borrower’s long-term incapability to repay the loan. Made by a borrower or lender, it usually involves reducing interest rate, extending the duration of the term, a different type of loan, or any combination of the three. A lender might be open to changing the loan because the cost of loan modification is less expensive than the cost of default.
POPULAR TERMS
Nasdaq National Market Securities - Nasdaq-NM
Nasdaq National Market is composed of over 3000 companies that have a base locally or internationally, meet strict financial requirements and agree ...
Retirement Planning
The process done to determine retirement goals and the decisions necessary to achieve those goals. This planning aims to identify the sources of in ...
Asian Century
Role that could be played by Asia in the 21st century, because of its growing economic clout and global demographic trends.
Bermuda Swaption
An instrument that gives the holder the right, but not the obligation, to enter into an interest rate swap on any one of a number of predetermined ...
National Treatment
NA is a concept of international law which announces if a nation provides assured rights and privileges to its own citizens. It also ought to provi ...
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 ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Feb | |
| 06:30 | Industrial Production | Dec | |
| 12:00 | Industrial Production | Dec | |
| 15:15 | Housing Starts | Jan | |
| 15:30 | Manufacturing Shipments | Dec | |
| 23:45 | Food Price | Jan | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 06:30 | Tertiary Industry Index | Dec | |
| 09:00 | Claimant Count Change | Jan |
