FUNCTIONAL CURRENCY
The currency that company uses in its business activities. The functional currency of a company is often the same as that of the nation where it is headquartered, though this is not necessarily the case.
POPULAR TERMS
Blotter
Record of transactions made within a time period. Details include time, price, volume, and order (buy or sell). Normally created through a trading ...
Estimated Current Return
Approximate return for a unit investment trust over the short-term, which is calculated by getting the valuated annual interest income from the sec ...
Lock-Up Agreement
A legally binding contract which prohibits the underwriters and company insiders from selling any shares of stock during the transition period for ...
Transfer Payment
1. In the United States, payment given by the government to individuals through several benefit programs.
2. In Canada, payment made by t ...
ZBA
A Zero Balance Account or ZBA is a checking account with a maintaining balance of zero. Its sole purpose is to receive funds from a master account. ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:03 | Trade Balance | Mar | |
| 06:30 | Industrial Production | Feb | |
| 06:30 | Industrial Production | Feb | |
| 08:30 | Producer & Import Prices | Mar | |
| 08:30 | Producer & Import Prices | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 00:00 | FOMC Member Patrick T. Harker Speaks | ||
| 00:00 | FOMC Member Patrick T. Harker Speaks |
