NONCREDIT SERVICES
Fee-based services that do not involve the extension of credit that a lending institution offers to correspondent banks or corporate customers. Non-interest income generated from noncredit services can be a significant source of revenue for banks and financial institutions. Examples of noncredit services include trust and investment-related revenues, global cash management, foreign currency exchange, etc.
POPULAR TERMS
Lease Payments
The amount or value the lesser should pay during the lease term. It is a line item under long-term debt that is indicated in a balance sheet. The l ...
Average Effective Maturity
It is a more accurate way to get the feel of the exposure of a single bond. In this case, a simple average can be a very misleading measure because ...
Bank Card
Any card given against a depositary account, such as a debit card or ATM card. There are instances that the phrase is also employed to refer to Mas ...
Fund Company
A fund company manages, sells, and markets closed-end and open-end funds to the public. It offers a variety of funds and investment services, such ...
Strategic Buyer
Buyer in an acquisition with a definite reason to purchase the company. They seek firms that will establish a synergy with their prevailing busines ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Trade Balance | Apr | |
| 10:00 | Ifo Business Climate Index | May | |
| 10:00 | Ifo Current Assessment | May | |
| 10:00 | IFO - Expectations | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | May | |
| 16:15 | BOE Deputy Governor Andrew Bailey Speaks | ||
| 16:15 | ECB board member Joachim Nagel deliver a speech | ||
| 18:00 | FOMC Member Raphael W. Bostic Speaks |
