RESPONDEAT SUPERIOR
A legal concept in which a company and the management are held responsible for the actions of employees. The term is a Latin for "let the superior respond," and it prevents employers from profiting from the illegal acts of their employees while avoiding legal repercussions themselves. For respondeat superior to apply to a legal case, an employee of the company must have committed the crime for the benefit of the company, not for his or her own benefit.
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Universal Banking
Universal Banking is a banking system that offers a wide range of financial services for both commercial and investment banking. European countries ...
Satellite Operation
Satellite Operation is a small office of a particular company or government agency that is located in a different place.
Forfaiting
The purchasing of receivables of an exporter (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of ...
Electronic Payments Network - EPN
Electronic automated clearing house (ACH), operating as the only ACH for the private sector in the United States. It handles numerous credit transf ...
Turkey
Slang term for a losing investment whose yields decline or become worse than expected. Securities with substantial losses, failed business transact ...
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Digesting Financial Statements: Earnings
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For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
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 Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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 |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |


