PRIOR LIEN
A lien that is recorded prior to any other claims. Prior liens thus have to be paid before any other claims in the event that the collateral that is pledged against the loan must be liquidated. Junior liens are subordinated to prior liens.
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Monoline
A business that concentrates on operating in one specific financial area. The key advantage of monolines is the companies have specialized skills a ...
Underwriting Expenses
Underwriting Expenses are costs and expenditures relating to the underwriting activity. In terms of insurance, it includes direct costs such as act ...
Hersey and Blanchard Model
A situational leadership model which suggests that there is no single optimal leadership style, and successful leaders adjust their styles based on ...
Invoice
A non-negotiable commercial document that denotes an itemized transaction between a buyer and a seller. Normally, it has the following information: ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
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SEE FOREX TUTORIAL
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
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, ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct | |
| 02:01 | BRC Retail Sales Monitor | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 05:35 | 30-Year JGB Auction | Nov |
