EXCESS CRUDE ACCOUNT
Nigerian government account used to save oil revenues above the base amount derived from a set benchmark price. Established in 2004, it aims to primarily guard the country against shortfalls due to volatile crude oil prices. By not linking government expenditures from oil revenues, it insulates the country from severe price shocks.
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Grant Deed
Legal document used to transfer title to real property or real property interest. It contains the name of the individual or entity transferring the ...
Underlying Security
Underlying Security is a financial instrument on which the value of a derivative is based.
Savings Bond Plan
Savings Bond Plan is a program that allows employees to purchase US savings bonds through payroll deductions.
Max Pain
The point at which option contracts expire at the maximum loss. The term sprung from Maximum Pain theory, which means most investors who buy and ho ...
Yield Maintenance
Yield Maintenance is a prepayment premium allowing an investor to have the same yield, thus make it seem like the borrower has settled all of the m ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | Dec | |
| 10:00 | KOF Economic Barometer | Dec | |
| 10:00 | CPI | Dec | |
| 16:45 | Chicago Purchasing Managers Index | Dec | |
| 17:00 | Pending Home Sales | Nov | |
| 03:30 | PMI Manufacturing | Dec | |
| 03:30 | Non-Manufacturing PMI | Dec | |
| 16:00 | House Price Index | Oct | |
| 03:45 | Markit Final Manufacturing PMI | Dec |
