RENEWABLE ENERGY CERTIFICATE - REC
A certificate that is proof that one megawatt-hour (MWh) of electricity was generated from a renewable energy resource. Once the electricity provider has fed the electricity into the grid, the Renewable Energy Certificate (REC) they received can then be sold on the open market as a commodity. Because of the additional cost for producing "green" energy, the RECs provide an additional income stream to the energy provider, thus making it a bit more attractive to produce.
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Bank Bill Swap Bid Rate - BBSY
The benchmark interest rate distributed and quoted by the Reuters Information Service. The BBSY is normally employed by corporations or financial i ...
Export Credit Agency - ECA
Financial institution or agency providing trade funding to domestic firms for international activities. They finance services including loans, guar ...
American Land Title Association - ALTA
It represents the title insurance industry. It focuses on a property's abstract of title. The organization also seeks to improve industry overs ...
Corporate Cannibalism
Self-infringement act on a company’s market share by issuing new products. Also called market cannibalization.
Alexander M. Cutler
The chairman and CEO of Eaton Corporation, a power-management company. The company is mainly producing hydraulics components, systems and services; ...
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SEE FOREX TUTORIAL
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
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, ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Feb | |
| 11:00 | Ifo Current Assessment | Feb | |
| 11:00 | IFO - Expectations | Feb | |
| 13:00 | Bundesbank Monthly Report | ||
| 16:00 | NBB Business Climate | Feb | |
| 16:30 | ECB President Christine Lagarde to deliver a speech | ||
| 17:00 | Leading Index | Jan | |
| 22:30 | FOMC member Michelle Bowman to deliver a speech | ||
| 23:45 | Retail Sales | 4 quarter |
