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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Certificate of Origin - CO
Document declaring the country where a commodity or good was produced. It contains information on the product’s destination and country of ex ...
SEC Form N-8A
SEC Form N-8A is also referred to as the Notification of Registration Filed Pursuant to Section 8(a) of the Investment Company Act of 1940. This me ...
Credit Event
Sudden and tangible change in a borrower’s credit standing or drop in credit rating. Such event questions the borrower’s capacity to pa ...
Alternative Dispute Resolution
The count of disparate processes by insurance companies in resolving claims and disputes. ADR is used to avoid expensive and consuming litigation a ...
HNL
The abbreviation for the currency of Honduras, Honduran Lempira.
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SEE FOREX TUTORIAL
Income Sources for Creating Retirement Fund
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Health Savings Account: Introduction
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What is the Standard Moving Cost?
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Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
An Introduction to the Basics of Economics
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | KOF Economic Barometer | Jan | |
| 10:00 | CPI | Jan | |
| 11:00 | GDP | 4 quarter | |
| 12:00 | Consumer Confidence | Jan | |
| 21:00 | Loan Officer Survey | ||
| 01:30 | Unemployment Rate | Dec | |
| 01:50 | Industrial Production | Dec | |
| 01:50 | Retail Sales | Dec | |
| 02:30 | Retail Sales | Dec |
