ADVANCED REFUNDING
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An issued bond that will serve as a payment for an another outstanding bond. The newly issued bond usually has a lower rate compared with the older outstanding bond.
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A kind of bond issuance in which the new band will be sold for a lower rate than those outstanding ones. The proceeds will be then used for investment, and once the older bonds is ready to be called then it will be paid off with proceeds from the investment.
POPULAR TERMS
Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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Featured Investment: Annuity
Featured Investment: Annuity
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| Time | Country | Indices | Period |
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| 02:01 | Rightmove House Prices | Dec | |
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| 04:00 | Fixed Asset Investment | Nov | |
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| 04:00 | Retail Sales | Nov | |
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