SIMPLE INTEREST
Simple interest is the basic process of computing the interest charge on a loan. It is determined by using the following formula:
Simple Interest = P x I x N
where P is the amount of the loan, I is the amount of the interest rate, and N is the number of periods or the duration for the loan.
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BIF - Burundi Franc
Currency abbreviation for the Burundi franc, the official currency of the Republic of Burundi. Presented with the symbol FBu, it is comprised of 10 ...
Marketing Campaign
Activities and efforts of the company’s marketing arm or a third party marketing firm that is designed to promote a business, product, or ser ...
Capped Fund
Mutual fund limiting the amount of operating expenses, which can be charged to shareholders annually. Limit is the ratio of total operating costs d ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Uninsurable Risk
Uninsurable Risk is a hazard or condition with a high likelihood of loss or in which the insurance would be deemed to be against the law.
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An Introduction to Insurance
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Oct | |
| 03:30 | PPI | Oct | |
| 07:00 | Leading Indicators | Sep | |
| 09:00 | Trade Balance | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 17:00 | Wholesale Inventories | Sep | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct |
