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
Universal Banking
Universal Banking is a banking system that offers a wide range of financial services for both commercial and investment banking. European countries ...
Satellite Operation
Satellite Operation is a small office of a particular company or government agency that is located in a different place.
Forfaiting
The purchasing of receivables of an exporter (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of ...
Electronic Payments Network - EPN
Electronic automated clearing house (ACH), operating as the only ACH for the private sector in the United States. It handles numerous credit transf ...
Turkey
Slang term for a losing investment whose yields decline or become worse than expected. Securities with substantial losses, failed business transact ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
