MULTICURRENCY NOTE FACILITY
A credit facility that funds Euro notes, either in short-term or medium term. Denominated in several currencies, it permits the borrower to select which currency to use in drawing in successive rollover period when the loan is refinanced. Also, it allows the lender to select the currency the loan is to be repaid in. This is considered as one of the riskiest credit facilities because the borrower shoulders the risk entailed with such transaction like predefined foreign currency exchange rate.
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Life Income Plan
A philanthropic investment strategy by which the property or cash is transferred into a pooled income fund and the receiving beneficiary, usually a ...
Soft Patch
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Nouriel Roubini
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Daily Trading Limit
It is the gain or loss in a contract. This can be an option and future contracts that is only allowed in a trading day session. Limits are imposed ...
Form 706-GS-D
A form issued by the IRS used to calculate taxes due on trust distributions subject to a generation-skipping tax. It is used by a taxpayer who rece ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
