UNITIZED FUND
A Unitized Fund is a fund structure where investors are able to pool their assets and still retain their individual net asset values for each participant. It also allows investors to keep track of historical fund records where each investor is accounted for and has their very own unit, own class of shares, and own portfolio’s total assets.
POPULAR TERMS
Debt Discharge
Debt Distance is the cancellation of a debt. Debt discharge results in taxable income to the debtor unless the forgiveness is a gift or bequest. Wh ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
LindeX
Online service or exchange that is made and run by Linden Lab, developer of digital entertainment. The service lets users to trade Linden Dollars ( ...
Loan Commitment
A binding promise from a lender that a loan amount will be drawn down or to be contractually funded at a specified interest rate, certain period, a ...
Carve-Out
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jul | |
| 04:00 | Real GDP | 2 quarter | |
| 04:00 | Real GDP (YTD) | 2 quarter | |
| 04:00 | Industrial production | Jun | |
| 04:00 | Fixed Asset Investment | Jun | |
| 04:00 | Retail Sales | Jun | |
| 04:00 | NBS Press Conference | ||
| 04:00 | Unemployment Rate | Jun | |
| 10:00 | Trade Balance | May |
