SENIOR STRETCH LOAN
Senior Stretch Loan is a particular kind of loan to a business entity. Senior Stretch Loans have the features of both asset-based loans and cash-flow loans and is cheaper than straight cash-flow loans. The reason for it being cheaper is because the borrowing company is in possession of a healthy balance sheet and is satisfying the obligations through sufficient generation of cash flows.
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CAC 40
This is the tracker of the 40 biggest French stocks or the French stock market index, that calculates depending on market capitalization, which can ...
Nonresident Alien
A non-U.S. citizen who does not pass the green card test or the substantial presence test. If a non-citizen currently has a green card or has had a ...
Index-Linked Bond
Bond in which income payment on the principal is related to a particular price index, usually Consumer Price Index. It protects investors from chan ...
Transferor
In legal arrangement, the individual responsible for transferring an asset to another party. The transferor initiates the transfer of a land title, ...
Depression
It is the lowest point in an economic cycle characterized by mass unemployment, fallings prices, reduced purchasing power, falling wages, and exces ...
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SEE FOREX TUTORIAL
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
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 ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Food Price | Jun | |
| 06:30 | Tertiary Industry Index | May | |
| 08:00 | Wholesale Price Index | Jun | |
| 17:30 | BoE Governor Andrew Bailey delivers a speech | ||
| 17:30 | FOMC Member John C. Williams Speaks | ||
| 20:00 | Federal Budget Balance | Jun | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 03:30 | NAB Business Confidence | Jun |
