LOOSE CREDIT
The practice of simulating economic growth either through relaxed lending criteria or by lowering short-term interest rates. A central bank policy, it looks at whether it would expand the money supply (loose credit) or shrink it (tight credit).
Also called accommodative monetary policy or loose monetary policy.
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Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
Protest Divestment
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Co-Owner
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
Prepaid Interest
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
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Time | Country | Indices | Period |
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14:30 | FOMC Member James Bullard Speaks | ||
16:00 | Consumer Confidence | May | |
16:50 | FOMC Member Raphael W. Bostic Speaks | ||
02:30 | PMI Manufacturing | May | |
02:30 | Tertiary Industry Index | May | |
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07:00 | BOJ Core CPI | Apr | |
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09:15 | PMI Manufacturing | May |