PENSION BENEFIT OBLIGATION - PBO
This accounting terms is used to describe the amount of money a company should pay into a defined-benefit pension plan to fulfill all pension entitlements that employees have earned.
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Charles Milhaud
Former President and Chief Executive Officer of Caisse Nationale des Caisses d'Épargne. During his tenure in the company, he led a huge ...
Lame Duck
An ineffective investor who makes series of poor trades because of ineptitude, which results to neglecting his or her debts or declaring bankruptcy ...
Telecom ETF
Exchange-traded fund investing in firms engaged into manufacturing telephone and internet products, and providing internet and phone services, as w ...
ART
A kind of term in life insurance which offers a guarantee of a future insurability within a defined period of years, although the premium payments ...
Rust Belt
A slang term for a geographic region in the United States stretching from New York through the Midwest that was once involved in steel production a ...
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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 ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
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 ...
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 ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
