TIME DEPOSIT
Interest-bearing deposit held for a fixed term, meaning the depositor can only withdraw the funds upon notifying the bank or financial institution. A savings account or certificate of deposit (CD), this deposit has a set maturity date. A bank requires depositors to give notice 30 days prior to withdrawing funds from a savings account. But passbook accounts are normally considered readily available funds; hence, account holders can withdraw money without giving notice in advance. In the case of CDs, these are issued for a specified term, normally between 30 days and five years. Penalties are imposed for early withdrawal although money can be taken out from CDs without giving notice (on demand).
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Permutation
In mathematics, one of several ways of arranging or picking a set of items. The number of permutations possible for arranging a given a set of n nu ...
Hope Now Alliance
Hope Now Alliance was established in 2007 to respond to upset homeowners in the U.S. This organization consists of investors in mortgage-backed sec ...
Sample Selection Bias
Sample Selection Bias is a type of bias resulting from the selection of non-random data meant for statistical analysis.
Mortgage Constant
Ratio between the annual amount payable to the original value of the mortgage loan plus principal and interest. This is only applicable to loans wi ...
Broad-Based Weighted Average
Anti-dilution provision of stock ownership where new shares are issued to preferred and common shareholders when the company makes additional offer ...
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SEE FOREX TUTORIAL
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Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
Featured Investment: Annuity
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Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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07:00 | Leading Indicators | Jan | |
07:00 | Leading Indicators | Jan | |
13:00 | CBI retail sales volume balance | Mar | |
13:00 | CBI retail sales volume balance | Mar | |
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
14:25 | FOMC Member Raphael W. Bostic Speaks | ||
16:00 | New Home Sales | Feb | |
16:00 | New Home Sales | Feb | |
01:30 | Westpac Consumer Sentiment | Mar |