LOCAL EXCHANGE TRADING SYSTEMS
A locally initiated and organized economic organization, which allows members to partake in exchanging goods and services, among others. It uses a locally created currency as denominations of units of value that can be bartered or traded in exchange for products and services. LETS members usually view the systems as cooperative and organized system, which maximize purchasing power while benefiting members and the community.
In Toronto Canada, it is called Local Employment and Trading System; while in New South Wales, Australia, it is known as Local Energy Transfer Systems.
POPULAR TERMS
European Depository Receipt - EDR
Negotiable security (receipt) issued by a bank, representing securities that trade on exchanges outside the bank’s home country. These are tr ...
Import
Product or service shipped into a country or region from another. Exports and imports create the strength of foreign trade. If the value of imports ...
Running With The Land
Rights and covenants in a real estate deed that remain with the land, regardless of ownership. When rights and covenants run with the land, they ar ...
Income Effect
In economic theory, it refers to a change in the demand of a product or service caused by the consumers’ discretionary income. The connection ...
Capital Improvement
The attachment of a fixed structural improvement or the recovery of some feature of a property that will either boost the property's overall wo ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
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 ...
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 ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Feb | |
| 13:00 | Bundesbank Monthly Report | ||
| 02:30 | Monetary Policy Meeting Minutes | ||
| 09:00 | Trade Balance | Jan | |
| 11:00 | Current Account (sa) | Dec | |
| 11:30 | Average Earnings Index | Dec | |
| 11:30 | Claimant Count Rate | Dec | |
| 11:30 | Claimant Count Change | Jan | |
| 12:00 | ZEW Survey (Econ. Sentiment) | Feb |
