CONCESSION AGREEMENT
Negotiated contract between a firm and a government, which gives the company the right to operate a given business within the government’s jurisdiction, subject to some conditions. This may also pertain to an agreement the the facility owner and concession owner or concessionaire granting the latter sole rights to operate a particular business in the facility, subject to some conditions. Regardless of the type of concession, the concessionaire normally pays the party granting the right ongoing charges, either a fixed amount or a portion of revenues.
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Title Loan
Loan in which a borrower is required to use his asset as collateral. This is popular for two reasons: the applicant’s credit rating is not be ...
Fiscal Year - FY
Fiscal year is a period companies or governments use for accounting purposes and preparing financial statements. It may or may not be the same as a ...
Bank Wire
It allows major banks to communicate actions about their client accounts. It secures computerized messaging system that can send account informatio ...
Gold Bug
Individual betting bullish on gold. These people believe gold is still a stable source of fund like the period of the gold standard international c ...
Interest Rate Risk
A peril which an investment’s worth will change due to an unexpected interest rate change, the spread between two rates, shape of the yield c ...
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SEE FOREX TUTORIAL
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
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: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
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 |
