STRIP
1. In bonds, the process of separating coupons from a bond, then selling its different parts as an interest paying coupons and zero-coupon bond. Also called stripped bond or zero-coupon bond.
2. In option, a strategy made up of one call option and two put options with the same strike price for the underlying asset.
POPULAR TERMS
Term
Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
Time ...
Social Networking
Social networking is networking through the use of social media with the purpose of socialization, business, or both. It basically establishes conn ...
Rural Housing Service - RHS
A division in the U.S. Department of Agriculture responsible for managing programs that focus on rural housing and community service facilities, an ...
Interest Equalization Tax
Tax on foreign stocks and bonds acquired by American. Levied in 1963, it is designed to lessen the US balance of payments deficit by deterring inve ...
Bill Of Materials - BOM
List of raw materials or any things that are required to build a product. It is usually in the hierarchical format. Topmost level showing the end p ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
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 ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Oct | |
| 02:30 | ANZ Jobs Advertisements | Oct | |
| 02:30 | Building Approvals | Sep | |
| 03:45 | Markit Final Manufacturing PMI | Oct | |
| 07:30 | Commodity Prices | Oct | |
| 09:00 | Retail Sales | Sep | |
| 09:33 | Retail Sales | Sep | |
| 10:15 | PMI Manufacturing | Oct | |
| 10:30 | Procure PMI Index | Oct |
