IDC DEPOSITS
A corporation that manages the Money Market Account Extra (MMAX), which gives an effective way to make huge deposit of up to $5 million and secure FDIC insurance. Depositors are attracted to expanded FDIC coverage, specifically when financial markets are going through volatility and individuals, commercial entities, and public agencies want a safe place to deposit cash. The deposit is split between a network of more than 50 IDC Deposit Network banks nationwide to comply with FDIC insurance requirements.
POPULAR TERMS
Capital Accumulation
This talks about the earnings that a firm uses to raise its capital base. Capital accumulation includes gaining additional assets that can be used ...
Defined-Contribution Plan
A retirement plan where the percentage of money is set aside each year by the company for the benefit of their employees. There are restrictions as ...
Unscheduled Recast
Unscheduled Recast is a recomputation of remaining loan amortization schedule that is not scheduled. Some loans have contractual terms that when tr ...
Recompense
The act of giving a target person or entity some form of monetary benefit as a result of performing some action or some action happening to the tar ...
Tortoise Rally
Slow and steady appreciation of market prices through time. This is more beneficial to long-term retail investors since they enjoy steady gains fro ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | NAB Business Confidence | Apr | |
| 05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
| 09:00 | SECO Consumer Confidence | Apr | |
| 14:30 | Building Permits | Mar | |
| 18:45 | SNB Chairman Thomas Jordan Speaks | ||
| 00:45 | Visitor Arrivals | Mar | |
| 01:50 | Domestic Corporate Goods Price Index | Apr | |
| 08:00 | Claimant Count Change | Apr | |
| 08:00 | Average Earnings Index | Mar |
