CERTIFIED CHECK
Check in which the issuing bank guarantees payment. The bank assures the recipient of the check there is enough cash available in the holder’s account ready for transfer once it is used. It also checks the account holder’s signature is legitimate. Normally, these are given in occurrences where the recipient is uncertain on the creditworthiness of the holder and does not want the check to bounce.
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Payment Date
The day or date in which the declared stock dividend needs to be paid.
Present Value Interest Factor Of Annuity - PVIFA
A factor that may be used to calculate the present value of a series of annuities. The initial deposit, earning interest at the periodic rate (r), ...
Bond Yield
Amount of return generated from a bond. It is computed by dividing the interest paid by its current market price. Nominal yield is the most common ...
1040 Form
The Internal Revenue Service (IRS) form used to file the individual’s annual income tax return. The form is comprised of sections which requi ...
Dow Jones EURO STOXX 50
Market capitalization-weighted stock index made up of 50 huge, blue-chip European companies within the eurozone. The universe for selection is seen ...
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Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 19:40 | FOMC Member Neel Kashkari Speaks |
