DROP DEAD DATE
Provision in an agreement or contract stating the final deadline that will automatically trigger adverse consequences. It pertains to the last possible date on which something must be finished and is not extendable in most cases.
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NZD
The abbreviation for the New Zealand dollar, the currency of New Zealand.
Block Grant
Money awarded, by a government, to state and local officials. Earmarked for a given project or projects, it outlines the guidelines for spending th ...
Self-Interest
Self-Interest is is putting first the self in benefitting from actions. The father of economics, Adam Smith stated that it is possible to reach the ...
Pareto Analysis
This technique is based on the Pareto Principle which is used for decision making. It is known as the 80/20 rule. Basically, this analysis is based ...
State Bank
A State Bank is a bank chartered by the state for the provision of commercial banking. Unlike the central bank or the reserve bank, the state bank ...
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SEE FOREX TUTORIAL
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | BRC Shop Price Index | Dec | |
| 03:45 | Markit Final Manufacturing PMI | Dec | |
| 07:30 | Commodity Prices | Dec | |
| 10:15 | PMI Manufacturing | Dec | |
| 10:45 | PMI Manufacturing | Dec | |
| 10:50 | PMI Manufacturing | Dec | |
| 10:55 | PMI Manufacturing | Dec | |
| 11:00 | PMI Manufacturing | Dec | |
| 11:00 | M3 Money Supply | Nov |
