CENTRAL BANK
Institution responsible for regulating the monetary system for a country or group of nations. These entities have wide range of responsibilities such as overseeing monetary policy to implementing particular goals like currency stability, full employment, and low inflation. In general, central banks issue currency, act as the bank of the government, manage the credit system, regulate commercial banks and exchange reserves, and serve as lender of last resort.
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McDonough Ratio
A ratio developed by the Basel Committee on Banking Supervision during Basel II conference. This ratio stemmed out from the Cookie ratio that was p ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
M0
Measuring money supply that sums up all the physical currency (notes and coins) that is circulating in the economy and the bank reserves held with ...
Manufactured Housing - MH
A prefabricated housing unit, which is assembled in factories, prior to being moved to sites of use. The cost of construction per square foot is ty ...
MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
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14:30 | Building Permits | Mar | |
18:45 | SNB Chairman Thomas Jordan Speaks | ||
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