PROMISSORY ESTOPPEL
The legal principle that a promise is enforceable by law when the promisor (person making the promise) makes a promise to the promisee (person being promised) who relies on it to his or her detriment. A promissory estoppel is intended to stop the promisor from denying that the statements, words or even conduct did not happen. This is a legal doctrine used in the United States and other legal systems around the world.
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Highly Leveraged Transaction - HLT
HLT is a loan provided from a financial institution to a company that has a large debt amount already. The existing large amount of debt only means ...
Form 5
A document that must be filed with the Securities and Exchange Commission (SEC) by an insider who has conducted insider transactions during the yea ...
Countersignature
Additional signature from an official or professional on a document that has already been signed. Serving as confirmation or authentication, it is ...
Average Collection Period
The amount of time for a business to receive payments owed.
Primary Regulator
The state or federal agency with main supervisory responsibility for a financial institution. Banks and other financial institutions will have to f ...
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Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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 ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
