ACTIVE MONEY
The sum of paper currency and coins in circulation within the public. The value of active money fluctuates daily, weekly, monthly and seasonally. Within the United States, the Federal Reserve Banks disseminate new currency for the US Treasury Department. Money lent by the banks to the customers are regarded as an active money after it is actively circulated.
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Lobby
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
Douglas Amendment
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the ru ...
Lilly Ledbetter Fair Pay Act
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, ...
Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
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SEE FOREX TUTORIAL
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First and foremost, th ...
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What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Featured Investment: Annuity
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Investments are what trading is all about. And knowing about the various a ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:30 | PMI Manufacturing | Dec | |
10:00 | KOF Economic Barometer | Dec | |
10:00 | CPI | Dec | |
16:45 | Chicago Purchasing Managers Index | Dec | |
17:00 | Pending Home Sales | Nov | |
03:30 | PMI Manufacturing | Dec | |
03:30 | Non-Manufacturing PMI | Dec | |
16:00 | House Price Index | Oct | |
03:45 | Markit Final Manufacturing PMI | Dec |