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.
POPULAR TERMS
Parking
A form of kiting shares that a brokerage commits by moving long positions in unrelated accounts to cover short positions that are improperly settle ...
Aleatory Contract
A type of contract in which the involved parties is not required to perform a particular action until such time a specific event happens. Those eve ...
Service Certificates
Service Certificates are bond-like certificates for World War I (WWI) veterans. Service certificates had face value that are the same as bonds wher ...
Trailing Stop
Trade order which can be placed at a certain percentage away from the security’s current market price. For a long position, it is set below t ...
Pretax Contribution
It refers to the payment made with money that hasn’t been taxed.
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Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | May | |
| 14:30 | Consumer Price Index | May | |
| 14:30 | Consumer Price Index Core | May | |
| 14:30 | Common Core CPI | May | |
| 14:30 | Trimmed Core CPI | May | |
| 14:30 | Median Core CPI | May | |
| 16:00 | Consumer Confidence | Jun | |
| 02:30 | PMI Manufacturing | Jun | |
| 02:30 | Tertiary Industry Index | Jun |
