SUBROGATION
Legal right of an insurer to pursue a third party responsible for the loss of the insured. Reserved by most insurance carriers, it aims to recover the amount of claim paid to the insured.
POPULAR TERMS
VPP
Volumetric Production Payment (VPP) is a structured investment in which the owner of an oil and gas interest is selling a specific volume productio ...
Value Line Index
Value Line Index refers to a stock index that consists of about 1,675 companies from the New York Stock Exchange, American Stock Exchange, Nasdaq, ...
eXtensible Business Reporting Language - XBRL
Standard developed to improve the method financial data is conveyed, making exchanging of business information easier. It is a type of XML, a speci ...
Perfect Competition
A market structure where the following five standards are met:
All firms sell an same product;
All firms are price tak ...
Cardboard Box Index
Index measuring industrial production by using the number of cardboard boxes to evaluate purchases of consumer goods. Acts as an industrial indicat ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Jul | |
| 01:30 | National CPI | Jun | |
| 01:30 | National CPI ex Fresh Food | Jun | |
| 01:30 | National CPI ex fresh food & energy | Jun | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jun | |
| 08:00 | PPI | Jun | |
| 10:00 | Current Account (sa) | May |
