WAL
Weighted Average Life (WAL) refers to the average number of years that each dollar in an unpaid principal on a loan or mortgage remains outstanding. It also determines the number of years it will take for half of the outstanding principal to be paid.
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International Institute for Management Development - IMD
A business school situated in Lausanne, Switzerland. IMD was established in 1990 after the merger of two management education centers that were ini ...
Contingency
Possible negative economic event or circumstance that may emerge in the future.
In finance, determining and planning any conting ...
Versioning
Versioning refers to a business practice wherein a company manufactures different models of the same product and then charges varying prices for ev ...
Registered Pension Plan - RPP
This is form of a trust which provides pension benefits for a company’s employee upon retirement. Registered Pension Plans are registered wit ...
Net Premium
Projected current value of a policy’s benefit minus the expected prevailing value of future premiums. This computation does not consider futu ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
