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28 May, 2023
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Term of the day

Microsavings

A microfinance branch that consists of small deposit accounts recommended to lower income individuals or families as an incentive to save money for future use. It works like a normal savings account; however, these are designed ...

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POPULAR TERMS

Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
Protest Divestment
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Co-Owner
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
Prepaid Interest
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
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POPULAR ARTICLES

Building Wealth
Building Wealth
Notions about Factor Investing
Factor investing refers to a framework or procedure seeking to generate the risk premia by incorporating expositions to different factors to create a portfolio. Anchored in academic research, broad factors such as momentum, quality, and volatility have exhibited its capabilities to provide a premium to a certain asset or instrument.
Finance for Individuals
Finance for Individuals
Unusual Jobs for Finance Degree Holders
Many finance degree holders want to work for an accounting firm, bank, or insurance firm right after finishing their studies. But not everyone is lucky enough to land a glamorous finance job right away.
Financial Literacy
Financial Literacy
What it Takes to be an Investment Analyst
What does it take to be an investment analyst? Let’s enumerate the ways. Education An investment analyst should hold a bachelor’s degree that focuse s on accounting, economics, finance, as well as other subjects related to analytical and quantitative skills such as engineering, mathematics, physics, or statistics.
Money Smart
Money Smart
New and Easier Ways to Obtain a Mortgage
Great news for all mortgage seekers: Fannie Mae and Freddie Mac unveiled rules which could open the mortgage market to people who have not-so-impressive credit score.   Her e are some of the changes: A third-party arbiter, not the two government-chartered agencies, will decide on a disaccord between the lender and Fannie Mae or Freddie Mac.
Taxation in Finance
Taxation in Finance
Knowing Your Taxes
Basically, everywhere there is tax. Ever pay day, a portion of your hard earned money goes to tax. When you buy goods and services, more often than not, there will be value added taxes. Owning a ho use means you have to pay taxes.
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ECONOMIC CALENDAR

Time Country Indices Period
14:30
FOMC Member James Bullard Speaks
16:00
Consumer Confidence May
16:50
FOMC Member Raphael W. Bostic Speaks
02:30
PMI Manufacturing May
02:30
Tertiary Industry Index May
02:30
PMI Composite May
07:00
BOJ Core CPI Apr
08:00
Public Sector Net Borrowing Apr
09:15
PMI Manufacturing May
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