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.
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ISEE Sentiment Indicator
A market sentiment indicator measured by looking at the number of opening long call options to opening long put options acquired in the Internation ...
Stock Symbol
Unique series of letters designated to each security by the stock exchange for trading purposes. Stocks listed in the AMEX and the NYSE have three ...
Individual Development Account - IDA
Savings account designed for lower income individuals. Specifically, it is used for education, purchasing a first home, or starting a business. Sav ...
Buyback
Reacquiring outstanding shares by a firm to cut down the number of shares in the market. Firms repurchase stocks either to escalate the value of av ...
Banner Advertising
A rectangular shaped graphic display which extends across the bottom or top of the website or down the left or right sidebar. The previous kind of ...
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SEE FOREX TUTORIAL
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 ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 09:00 | Wholesale Price Index | Dec | |
| 11:00 | Retail Sales | Nov | |
| 11:30 | GDP | Nov | |
| 11:30 | Industrial Production | Nov | |
| 11:30 | Manufacturing Production | Nov | |
| 11:30 | Visible Trade Balance | Nov | |
| 11:30 | Construction Output | Nov | |
| 11:30 | Index of Services | Nov |
