CATASTROPHE LOSS INDEX - CLI
Index quantifying the weight of insurance claims due to major disasters. Third party companies created CLI to research natural disasters and work on giving estimates of the amount of losses from every calamity. Often used by insurance firms, it checks or supplements their internal endeavors to evaluate the firm’s expected claims from such occurrences.
POPULAR TERMS
Securitize
Securitize is a marketed mix of financial assets pooled together, creating a whole new security. The basis of the value and cash flow of the securi ...
Offering Circular
This permits investors to access information about a new issue. It gives them important highlights without them reading the long-form prospectus. W ...
Free On Board - FOB
A term that requires the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the ...
Large Cap - Big Cap
Refers to companies who have at least $10 billion market capitalization value. This is an abbreviation of “large market capitalization” ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | Tertiary Industry Index | Dec | |
| 02:30 | PMI Composite | Dec | |
| 03:45 | Markit Services PMI | Dec | |
| 09:30 | Retail Sales | Nov | |
| 10:15 | PMI Services | Dec | |
| 10:15 | Composite PMI | Dec | |
| 10:45 | PMI Services | Dec | |
| 10:45 | PMI Composite | Dec | |
| 10:50 | PMI Services | Dec |
