LOAN PRODUCTION OFFICE - LPO
A portion in a bank’s operations which accepts loan applications and arranges business financing, but does not receive deposits. This area is responsible for enhancing loan business for the bank.
POPULAR TERMS
Direct Repurchase
It is the buying of share in a publicly-traded company by the company itself. It reduces the number of shares outstanding, thereby inflating (posit ...
Adjusted Present Value - APV
A business NPV or Net Present Value in case it is financed exclusively by equity along with any financing advantage (the supplementary effects of d ...
Coskewness
Statistical measure used in computing the symmetry of a variable’s probability distribution relative to another variable. Given that all thin ...
Rule Of 78
A method of allocating the interest charge on a loan across its payment periods. Under the Rule of 78, periods are weighted by comparing their nume ...
Gilts
Bonds issued by the British government considered low risk. It is equivalent to US Treasury securities. The term stemmed from the original British ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | KOF Economic Barometer | Mar | |
| 09:00 | CPI | Mar | |
| 10:30 | Net Lending to Individuals | Feb | |
| 10:30 | M4 Money Supply | Feb | |
| 10:30 | Mortgage Approvals | Feb | |
| 11:00 | Consumer Confidence | Mar | |
| 14:00 | CPI | Mar | |
| 14:00 | Harmonized CPI | Mar | |
| 16:00 | Pending Home Sales | Feb |
