MORTGAGE SHORT SALE
The sale of a mortgaged property by a financially distressed borrower for the remaining outstanding mortgage balance. The proceeds will be used to repay the lender, which receives less than full repayment of the mortgage, making the borrower free from the mortgage obligation. This is to prevent what would amount to bigger losses for the lender if to be foreclosed on the mortgage.
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Confusion of Goods
Mixture of similar products or properties of two or more parties, to the extent where identifying each party’s respective items is not possib ...
Privatizing Profits And Socializing Losses
A phrase which describes how businesses and individuals can successfully benefit from any and all profits related to their line of business, but av ...
Trial Balance
Bookkeeping worksheet accounting all debit and credit balances at the end of each reporting period. A firm prepares this worksheet monthly to ensur ...
Help-Wanted Index - HWI
The U.S. job market index, published monthly by the Conference Board that monitors the number of help wanted advertisements in major newspapers acr ...
Certified Financial Divorce Practitioner - CFDP
Professional designation awarded to individuals expert in the financial aspects of divorce. The practitioner explains the financial indications of ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
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. ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Aug | |
| 10:00 | Gross Domestic Product | Aug | |
| 11:00 | Trade Balance | Jul | |
| 11:00 | Current Account (sa) | Jul | |
| 14:30 | Manufacturing Shipments | Jul | |
| 14:30 | NY Fed Empire State manufacturing index | Sep | |
| 06:30 | Tertiary Industry Index | Jul | |
| 11:00 | ZEW Survey (Econ. Sentiment) | Sep | |
| 11:00 | ZEW Economic Sentiment | Sep |
