MEDICARE PART D
A US prescription drug benefit program that was designed via Medicare Prescription Drug, Improvement, and Modernization Act of 2003. "D" means drugs. The program aims to subsidize the costs of prescription drugs and insurance premiums for beneficiaries. It gives three basic choices for recipients: stay in traditional Medicare without registering for the prescription drug benefit stated in the Act, remain in traditional Medicare, and sign up in a Medicare drug plan, other Medicare plans, or a comprehensive private health plan that can or cannot cover the prescription costs). The program started offering coverage on January 1, 2006.
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One-Cancels-the-Other Order - OCO
A pair of orders specifying that once an order is executed, the other is automatically cancelled. OCO combines limit and stop over an automated tra ...
Big Three
Term used in for General Motors, Chrysler and Ford. The three largest automobile manufacturers in North America.
The three manufacturers ...
SIX Swiss Exchange
SIX Swiss Exchange is the primary stock exchange of Switzerland and is among the top 20 major stock exchanges of the world. it is located in Zurich ...
Offshore Portfolio Investment Strategy - OPIS
A tax shelter product designed to create large, apparently real losses to be used for tax sheltering. This tax shelter includes making a shell comp ...
Due Diligence Meeting
Meticulous probe conducted by an underwriter, ensuring all details has been revealed to prospective investors before issuing a new security.
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SEE FOREX TUTORIAL
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:15 | Producer & Import Prices | ||
| 13:10 | BOJ Deputy Governor Masayoshi Amamiya Speaks | ||
| 17:30 | Retail Sales | ||
| 17:30 | Empire State Manufacturing Index | ||
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 06:30 | Monetary Policy Meeting Minutes | ||
| 07:00 | Industrial Production | ||
| 13:30 | Claimant Count Change | ||
| 17:30 | Building Permits |
