PARITY PRODUCT
A brand of good that has a sufficient similarity with other brands that it can be substituted. This type of product may be functionally alike to a competitor’s product. The existence of parity products means that monopoly doesn’t occur.
POPULAR TERMS
Atlantic Spread
A trading strategy for option which includes the purchase of both a European option and American option,for the purpose of taking both sides of a p ...
Decision Theory
An interdisciplinary approach to determine how decisions are made given unknown variables and an uncertain decision environment framework. Decision ...
Five Percent Rule
A rule requiring a broker to use fair practices and ethical guidelines when setting the commission rates. The five percent rule stipulates that the ...
Bill Miller
Bill Miller is the chairman and CEO of Legg Mason Capital Management. It is an investment firm with over $60 billion under management. Bill Miller ...
Sales Meeting
Sales Meeting is a gathering or event wherein a product or service is discussed, with its benefits outlined to potential buyers. It can be done thr ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
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, ...
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:00 | MI Inflation Gauge | Apr | |
| 03:00 | ANZ Commodity Prices | Apr | |
| 03:30 | ANZ Jobs Advertisements | Apr | |
| 03:45 | Markit Services PMI | Apr | |
| 09:00 | Unemployment Change | Apr | |
| 09:15 | PMI Services | Apr | |
| 09:45 | PMI Services | Apr | |
| 09:45 | PMI Composite | Apr | |
| 09:50 | PMI Services | Apr |
