TAX ANTICIPATION NOTE - TAN
Short-term instrument, issued by a state or local government, to fund an immediate project to be repaid with future tax revenue. Such notes are used to borrow money, normally for one year or less and at low interest rate, to finance a capital expenditure including construction of a road or school, or purchasing a new building. Then, the government uses the tax collection the following year to repay these notes.
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Organization Of Arab Petroleum Exporting Countries - OAPEC
This organization is based in Kuwait that pursues to promote cooperation among 11 Arab –oil-exporting nations that are its members, and devel ...
Imputed Value
Value of an item such as asset for which the actual value is not recorded or available, but logical or implicit in that item wherein a real value h ...
Earned Premium
Amount of total premiums an insurance company collected within a period, which have been generated according to the ratio of the time rendered on t ...
Easement in Gross
Legal right to use another individual’s property as long as the owner possesses that property or the easement holder passes away.
Minimum Efficient Scale
The smallest amount of production a firm can attain while taking full advantage of economy of scales in their costs and supplies. In classical econ ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Apr | |
| 14:30 | NY Fed Empire State manufacturing index | Jun | |
| 16:00 | NAHB Housing Market Index | Jun | |
| 19:00 | ECB President Mario Draghi Speaks | ||
| 20:45 | BOC Deputy Governor Lawrence Schembri Speaks | ||
| 22:00 | TICS | Apr | |
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 03:30 | Monetary Policy Meeting Minutes |
