REFUNDING
Refunding is the process of redeeming or retiring an outstanding bond issue at maturity by using the proceeds from the new debt issue. The new issue is always issued at a lower interest rate than the refunded issue, guaranteeing a significant reduction in the interest expense for the issuer.
POPULAR TERMS
Single-Country Fund
Single-country fund is also referred to as ‘country fund’. It is a mutual fund which restricts the investments in it to the one country ...
Gazelle Company
High-growth firm increasing its revenues by at least 20% annually for four years or more, starting from at least $1 million revenue. The growth rat ...
Forward Looking
A business term for predictions about future business conditions. Stockholders ask the company management about what they believe will happen in th ...
High Earners, Not Rich Yet - HENRYs
A word coined in a 2003 Fortune Magazine article that refers to a segment of families who earn between $250,000 and $500,000, but have not much lef ...
Deferred Charge
A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jul | |
| 04:00 | Real GDP | 2 quarter | |
| 04:00 | Real GDP (YTD) | 2 quarter | |
| 04:00 | Industrial production | Jun | |
| 04:00 | Fixed Asset Investment | Jun | |
| 04:00 | Retail Sales | Jun | |
| 04:00 | NBS Press Conference | ||
| 04:00 | Unemployment Rate | Jun | |
| 10:00 | Trade Balance | May |
