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.
POPULAR TERMS
Purchase-Money Mortgage
A mortgage issued to the borrower by the seller of the home as part of the purchase transaction. This is usually done in situations in which the bu ...
Best Bid
The highest bid for a particular trading instrument among all those offered by competing market makers. The best bid is effectively the highest pri ...
Accumulated Earnings and Profits
It is the net profit of a company after the stockholders distribution’s deduction. It is usually calculated at the beginning of the year. ...
Cash Plus Fund
Fund developed for conservatives investors looking at preserving capital and reasonable investment returns. Commonly found in Australia, managers o ...
CFA Institute
International organization with primary mandate of denoting and maintaining a high standard for the investment industry. It is comprised of over 70 ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
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 ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 06:30 | Industrial Production | Jan | |
| 12:00 | Current Account (sa) | Jan | |
| 13:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Jan | |
| 16:00 | NAHB Housing Market Index | Mar | |
| 17:10 | ECB’s Peter Praet Speaks | ||
| 22:00 | Westpac Consumer Confidence | 1 quarter | |
| 00:00 | RBA Assistant Governor Christopher Kent Speaks |
