MUTUAL EXCLUSION DOCTRINE
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal debt is tax-free at the state or local level. Also, any debt released by a state or local government is free from federal taxation.
POPULAR TERMS
Charm
Rate at which the delta of an option or warrant changes over time. It pertains to the second order derivative of an option’s value, to time a ...
Random Walk Theory
A theory stating that securities or market prices are random and not influenced by previous events. This theory is also known as the "weak for ...
Downstream Guarantee
Surety placed on a loan on behalf of the borrowing party by its parent firm or stockholder. By doing do, the parent company provides guarantee to t ...
Match-Rate Funds
Matching the interest rate on a loan to the interest rate on the source of the funds that is loaned out. For instance, if a bank accepted $100,000 ...
FICO 08
FICO 08 is a credit-scoring model which was introduced by FICO company in 2009. Its goal is to provide a more accurate picture of the ability of a ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
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 |
|---|---|---|---|
| 01:50 | Domestic Corporate Goods Price Index | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 11:00 | Вице-президент ЕЦБ Луис де Гиндос выступит с речью | ||
| 11:00 | Industrial Production | Sep | |
| 21:30 | Член FOMC Мэри Дейли выступит с речью | ||
| 23:45 | Food Price | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 05:35 | 30-Year JGB Auction | Nov | |
| 09:00 | Harmonized CPI | Oct |
