UNSECURED CREDITOR
Unsecured Creditor is an entity that may be an individual or an institution that does not acquire any particular asset as collateral when lending money. This means that the creditor is at a high risk due to the fact that if in the event that the transaction fails, for example the borrower does not have the capacity to pay back the loan, the creditor has nothing to fall back on. An example of unsecured creditor is a debenture holder.
POPULAR TERMS
Forward Delivery
The delivery of an underlying asset at the agreed date in a forward contract. A forward delivery basically means that one party will supply the und ...
Against All Risks - AAR
An insurance policy which covers all types of damage or loss rather those particular ones. The against-all-risks policy can still include exclusion ...
Mechanism Design
A branch of microeconomics which examines how businesses and institutions can attain desirable economic or social outcomes, given the limitations o ...
Return
Return is the gain or loss a security has made in a certain period. It consists of the income and capital gains, and is typically quoted as percent ...
Reverse Exchange
A property exchange in which the replacement property is acquired first, and then the current property is traded away. A reverse exchange was creat ...
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Retirement Planning: Creating a Nest Egg
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | May | |
| 08:00 | Factory Orders | Apr | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:30 | Sentix Investor Confidence | Jun | |
| 00:45 | Manufacturing Sales | 1 quarter | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
