CFP FRANC - XPF
Currency of four French overseas collectives including French Polynesia, Futuna, New Caledonia, and Wallis. The Institut d'émission d'Outre-Mer (IEOM) issues the currency. It can also pertain to franc pacifique since the Pacific Ocean region use it. The franc is divided into centimes. CFP stands for Comptoirs Français du Pacifique or French Pacific Banking Agreement in English.
POPULAR TERMS
Management and Employee Buyout - MEBO
A restructuring initiative that is done to privatize a public traded company, which are public. It involves both managerial and non-managerial empl ...
Back-Of-The-Envelope Calculation
A casual arithmetic calculation, usually executed on a scratch paper like an envelope. This computation utilizes projected and/or rounded amounts t ...
Prior Lien
A lien that is recorded prior to any other claims. Prior liens thus have to be paid before any other claims in the event that the collateral that i ...
Accumulating Shares
Stock given to shareholders of a company commonly added to a dividend. Stockholders don’t need to pay income tax on these shares but they sti ...
Distribution Waterfall
Ranking of distributing a private equity fund. The hierarchy sets the order the funds will be given, which may ensure several types of investors ha ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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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.
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If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
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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 |
