INDENTURE
Legal and binding contract between a bond issuer and the bondholders that defines all the significant details of a bond including timing of interest payments, maturity date, interest computation method, and callable/convertible features (if applicable), among others. It also encompasses all the terms and conditions in the bond issue. Other important conditions are also included in the document such as financial covenants that regulate the issuer and formulas for computing is the issuer is within the covenants.
POPULAR TERMS
Housing Bubble
A run-up in housing prices fueled by demand, speculation and the belief that recent history is an infallible forecast of the future. Housing bubble ...
Low Exercise Price Option - LEPO
A call option for investors that has a price of 1 cent with an agreement to buy 1000 shares. This cannot be executed until its expiry. It works lik ...
Callable Security
A security with an enclosed call provision that gives the person who issues to redeem or repurchase the security by a particular period. Since the ...
Shadowing
Shadowing is the creation of values for variables that are not dependent strictly to market value. This means that these variable have market value ...
Pass-Through Rate
Pass-through rate is the net
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
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 ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
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| 02:01 | BRC Shop Price Index | Dec | |
| 03:45 | Markit Final Manufacturing PMI | Dec | |
| 07:30 | Commodity Prices | Dec | |
| 10:15 | PMI Manufacturing | Dec | |
| 10:45 | PMI Manufacturing | Dec | |
| 10:50 | PMI Manufacturing | Dec | |
| 10:55 | PMI Manufacturing | Dec | |
| 11:00 | PMI Manufacturing | Dec | |
| 11:00 | M3 Money Supply | Nov |
