MORTGAGE INTEREST DEDUCTION
An itemized deduction which allows homeowners to reduce the interest they pay on any loan used for building, purchasing, or improving their residence. It can also be taken on loans for secondary homes and vacation residences but with some limitations. The amount of deductible mortgage interest is stated annually by the mortgage company on Form 1098.
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Klinger Oscillator
A technical indicator, created by and named after Stephen Klinger, which determines long-term trends of money flow based on volume and stays sensit ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
Risk Lover
A type of investor who is willing to take on additional risk for an investment that has low expected return. This is the opposite of risk averse.
Corporate Ownership of Life Insurance - COLI
Insurance policies taken away by companies on their employees in which death benefits will be given to these firms instead to the insured individua ...
Pay/Collect
It refers to the payment/collection of funds between clearing members and their clearing houses.
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How Much Does a Home Remodeling Cost?
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 04:00 | Real GDP | 4 quarter | |
| 04:00 | Real GDP (YTD) | 4 quarter | |
| 04:00 | Fixed Asset Investment | Dec | |
| 04:00 | Industrial production | Dec | |
| 04:00 | Retail Sales | Dec | |
| 04:00 | Unemployment Rate | Dec | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Nov |
