Term of the day
Income Property Mortgage
Loan given to an investor to buy a residential or commercial rental property. Normally, these are much difficult to qualify for and frequently require a borrower to include estimates of the rental income to be received from the ...
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Grant Deed
Legal document used to transfer title to real property or real property interest. It contains the name of the individual or entity transferring the ...
Underlying Security
Underlying Security is a financial instrument on which the value of a derivative is based.
Savings Bond Plan
Savings Bond Plan is a program that allows employees to purchase US savings bonds through payroll deductions.
Max Pain
The point at which option contracts expire at the maximum loss. The term sprung from Maximum Pain theory, which means most investors who buy and ho ...
Yield Maintenance
Yield Maintenance is a prepayment premium allowing an investor to have the same yield, thus make it seem like the borrower has settled all of the m ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
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| 16:45 | Chicago Purchasing Managers Index | Dec | |
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| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
