PRAM MODEL
A four-step model for negotiation that results in a win-win situation for both parties. PRAM is an acronym for Plans, Relationships, Agreement and Maintenance. The four sequential steps in the PRAM model are - adequate planning, building relationships, reaching agreements and maintaining these relationships.
POPULAR TERMS
Risk-Weighted Assets
In terms of the minimum amount of capital that is required within banks and other institutions, based on a percentage of the assets, weighted by ri ...
Pigovian Tax
A special tax that is imposed on companies that pollute the environment, which is called negative externalities. Sin tax is a Pigovian tax, which i ...
Moving Average Convergence Divergence - MACD
A trend-following indicator that exhibits the relationship between two smoothed moving averages of prices. To compute, subtract the 26-day exponent ...
Golden Life Jacket
Compensation package offered by the acquiring firm to top executives of the company being acquired. The same with stay bonus, it aims to retain tho ...
Bank Insurance Fund - BIF
Unit of the FDIC providing protections to the insurance for the banks that are not classified as a savings and loan association.
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SEE FOREX TUTORIAL
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 ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 10:00 | New Yuan Loans | Mar | |
| 11:00 | Retail Sales | Feb | |
| 13:00 | MPC Member Andy Haldane Speaks | ||
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 16:30 | Overview of business prospects, according to the Bank of Canada | 1 quarter | |
| 16:30 | Bank of Canada Interest Rate Decision | 1 quarter | |
| 19:00 | FOMC Member Eric Rosengren Speaks | ||
| 19:01 | 10-y Bond Auction | Apr |
