TRANSFERABLE LETTER OF CREDIT
Irrevocable letter of credit allowing the beneficiary to assign part or all of the credit available to another party. The primary beneficiary accepts the credit from the bank, then the issuing bank can only transfer this credit upon the primary beneficiary’s approval.
POPULAR TERMS
Passive ETF
Passive ETFs are one of the two kinds of exchange-traded funds or ETFs offered to investors. These are index funds that track a particular standard ...
Donchian Channels
Moving average indicator stating the highest high and lowest low of a security over the last time period. Armenian-American commodities and futures ...
Basel III
An absolute set of standards created to develop the rules, supervision and risk management inside the banking sector. In late 2009, the first ...
IRS Publication 509: Tax Calendars
A publication by the Internal Revenue Service (IRS) that provides a section on using tax calendars, types of tax calendars, a table that shows the ...
Optionable Stock
A stock where listed options are being traded.
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 07:00 | Leading Indicators | Jul | |
| 08:00 | Industrial Production | Jul | |
| 09:00 | Foreign Currency Reserves | Aug | |
| 09:00 | Unemployment Rate | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 11:00 | GDP revised | 2 quarter |
