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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Authorized Participant
Organization to undertake the responsibility of the underlying assets to create an ETF. It is usually a large organization like market makers.
...
Cleanup Fund
Insurance term for final expenses connected to an individual following his death. It intends to shoulder the deceased’s final expenses includ ...
Cash Basis Taxpayer
Taxpayer who files income and deductions in the same year these are actually paid or received. Individuals cannot subtract receivables or promissor ...
Shelf Registration
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Capital Spending | 4 quarter | |
| 02:00 | MI Inflation Gauge | Feb | |
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 03:45 | Markit Final Manufacturing PMI | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 09:30 | Retail Sales | Jan | |
| 10:15 | PMI Manufacturing | Feb |
