SINKING FUND
A sinking fund is a fund set aside for the repayment of stocks borrowed in a bond issue. The issuer in a sinking fund makes periodic payments to a trustee. The trustee then sets aside a part of the issue by buying bonds in the open market.
POPULAR TERMS
Falling Knife
A slang phrase describing a security the price of which has substantially dropped in a short time.
Marital Trust
A legal arrangement between a trustor and trustee for the benefit of a surviving spouse and the married couple's heirs. Also known as an &ldquo ...
Self-Build Insurance
Self-Build Insurance is an insurance policy whose coverage is active during the construction of a new home, any added structure, renovation, or con ...
Mortgage Equity Withdrawal
Withdrawal of home equity in order to acquire cash through equity loans or credit lines, and cash-out refinances. It is a relative variable in the ...
Specialization
Specialization, in production, is focusing on a particular good or service of a business in order to maximize the efficiency and effectivity of pro ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct | |
| 02:01 | BRC Retail Sales Monitor | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 05:35 | 30-Year JGB Auction | Nov |
