CASUALTY ACTUARIAL SOCIETY - CAS
Professional society of actuaries based in Virginia, which renders the Associate of the Casualty Actuarial Society (ACAS) and the Fellow of the Casualty Actuarial Society (FCAS) designations. The society requires all candidates to go through rigorous actual examinations, entailing all areas of actuarial practices including actuarial science, economic, enterprise risk management, finance, insurance, and mathematics. For associateship, one has to pass exams one through seven and attend the CAS Course of Professionalism. For fellowship, an individual has to satisfactorily complete all nine exams.
POPULAR TERMS
Tag-Along Rights
Investment agreement provision protecting a minority stakeholder, normally in a venture capital deal. If a majority shareholder sells his or her st ...
Fiduciary
An individual who is legally appointed to hold assets in trust for another person. He or she manages the assets for the other person’s benefi ...
Coincident Indicator
Metric showing the current status of economic activity within a certain area. Indicators include employment, average weekly hours worked in manufac ...
Jumbo Loan
A mortgage with a loan amount that exceeds the conforming loan limits fixed by the Office of Federal Housing Enterprise Oversight (OFHEO). The agen ...
Form 4
A document that needs to be filed with the SEC when there is a material change in the company insiders’ holdings. Directors and officers of t ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |


