TOXIC DEBT
Debt which has little chance of being paid back of or repaid with interest. A specific debt is considered a toxic debt either when default rates for a certain debt are in double digits, more debt is incurred than what can be repaid, or the interest rates are subject to discretionary changes. Toxic debts can harm an individual or institution.
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Applicable Federal Rate
AFR is a collection of rates that is published monthly for the purposes of computing federal income by the Internal Revenue Services. These rates a ...
Accommodation Endorser
It is a person or an entity that agrees to back the obligations of another person or a party to allow the latter to get more credit for which on th ...
Depression
It is the lowest point in an economic cycle characterized by mass unemployment, fallings prices, reduced purchasing power, falling wages, and exces ...
Green Monday
Second Monday in December, one of the most gainful days for retail firms. It is a known shopping day for last-minute holiday shoppers. Shopping.com ...
Shai Agassi
Shai Agassi is the founder of Top Tier Software and former President of SAP AG’s products and technology group. He is an entrepreneur from Is ...
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SEE FOREX TUTORIAL
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, ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
