FIXED-RATE PAYMENT
It is the amount a borrower pays to a lender in a fixed-rate loan. Fixed-rate loan payments are equal amounts until the loan plus interest are paid in full.
POPULAR TERMS
Debt
An amount of money borrowed by one party from another. Many corporations/individuals use debt as a method for making large purchases that they coul ...
Series 7
Series 7 is an examination under the Financial Industry Regulatory Authority (FINRA) to be entitled to sell any type of securities product excludin ...
Cash Allowance
Allowance paid in cash rather than being reimbursed at a later period. Businesses frequently offer cash allowances to employees to shoulder the exp ...
Money Zero Maturity - MZM
A measure of the economy’s liquid money supply. It shows all money in M2, minus the time deposits, and plus all money market funds in an econ ...
Deposit In Transit
A deposit in transit is money that has been received by a company and sent to the bank, but which has not yet been processed and posted to the acco ...
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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 ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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 ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
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 ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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04:00 | Credit Card Spending | Sep | |
08:00 | PPI | Sep | |
16:00 | Leading Index | Sep | |
19:00 | FOMC Member Neel Kashkari Speaks | ||
23:45 | Trade Balance | Sep | |
07:00 | BOJ Core CPI | Sep | |
08:00 | Public Sector Net Borrowing | Sep | |
14:30 | Industrial Product Price Index | Sep | |
14:30 | Raw Materials Price Index | Sep |