GRACE PERIOD
Provision in most loan and insurance contracts, allowing payments to be received for a specific time period, normally 15 days, following the actually due date. No late fees will be charged during this period, and late payment will not lead to loan default or cancellation.
POPULAR TERMS
Russian Ruble
The abbreviation for the currency of Russia, the Russian ruble.
Interest Rate
The amount charged by a lender to a borrower for using assets. Expressed as a percentage of principal, these are usually noted on an annual basis, ...
Swingline Loan
Loan giving businesses which provides a huge amount of money to shoulder shortfalls from other debt obligations.
Kellogg School of Management
This is Northwestern University’s business school which offers undergraduate program, doctoral program, executive education program, executiv ...
Distribution Waterfall
Ranking of distributing a private equity fund. The hierarchy sets the order the funds will be given, which may ensure several types of investors ha ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
An Introduction to Ethical Investing
Ethical investing is, simply put, investing while taking into consideration your personal beliefs or your ethics. Because it is personal, it means ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | GDP | 3 quarter | |
| 09:00 | Current Account | 3 quarter | |
| 09:00 | Business Investment | 3 quarter | |
| 09:00 | Import Price Index | Nov | |
| 10:00 | GDP | 3 quarter | |
| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
| 15:30 | Raw Materials Price Index | Nov | |
| 17:00 | Consumer Confidence | Dec |
