USURY
Usury is the act of lending money which has an interest rate that might be regarded by the general market as unreasonably high and more often than not is higher than the interest rate allowed by the law. It was in King Henry VIII’s reign where usury proliferated and became a common deed in England during the time. Originally, usury referred to charges that may range from any amount on funds that were loaned. In the course of history, the meaning of usury evolved into something to the effect of excess interest charged for loaned assets. Although, in some religions and places around the world, it is illegal to charge interest.
POPULAR TERMS
Commodity Trading Advisor - CTA
Individual or firm providing advice on buying and selling of futures contracts, options on futures, retail off-exchange forex contracts, and swaps. ...
Investment Farm
An acquired agricultural business operation with an objective to generate profit or make a tax deduction for the farm owner. Investors with investm ...
VER
Voluntary Export Restraint (VER) is a trade restriction on the quantity of goods that an exporting country is allowed to bring in to another countr ...
National Housing Act
Its objective is to make credit more obtainable to creditors for home construction and repairs, and to create a better housing available to low and ...
Condensed Financials
Summary form of a firm’s financial statements, which is done for reprinting and simplified viewing purposes. The document is comprised of a c ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
...
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 ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
12:00 | Bundesbank Monthly Report | ||
07:00 | BOJ Core CPI | Jun | |
16:00 | Existing Home Sales | Jun | |
16:00 | Richmond Fed Manufacturing Index | Jul | |
16:00 | Consumer Confidence | Jul | |
02:30 | PMI Manufacturing | Jul | |
02:30 | Tertiary Industry Index | Jul | |
02:30 | PMI Composite | Jul | |
08:00 | GfK Consumer Climate | Aug |