NONPERFORMING ASSET
A debt obligation in which the borrower hasn’t paid any previously agreed upon interest and principal repayments to the designated lender for an extended time period. Thus, the nonperforming asset is not yielding any income to the lender in the form of principal and interest payments.
POPULAR TERMS
Tax-Exempt Sector
Market niche comprised of investment instruments exempt from federal taxes. Almost all investments in this group are municipal bonds, which is tax- ...
Barratry
An unlawful act wherein an attorney encourages the filing of a lawsuit or otherwise instigate a dispute, in order to earn a profit from legal fees. ...
Reverse Repurchase Agreement
It is the purchase of a security with the agreement to sell it at a higher price at a certain future date.
Expense Ratio
Gauge determining the costs an investment firm to operate a mutual fund. Computed annually, it is determined by dividing the operating expenses by ...
Eurocurrency
Currency deposited by corporations or national governments in banks outside their country of origin. Also called euromoney.
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
