INTERBANK NETWORK FOR ELECTRONIC TRANSFER - INET
Global network which facilitates debit transfer and credit card transactions between financial institutions. INET encompasses any transaction made by a card with MasterCard logo, credit, or debit. It also handles actual transfer of fund while international card authorization system takes charge of the card authorizations.
POPULAR TERMS
Confining Condition
Adverse illness confining an individual to his home or at a medical facility. It accounts the individual and family records of historic confining c ...
Positive Correlation
A relationship between two variables in which both variables move in tandem. A positive correlation exists when as one variable decreases, the othe ...
Profit-Sharing Plan
This plan gives employees a share in the company’s profits. Each employee gets a percentage of those profits based on the earnings of the com ...
Random Walk Theory
A theory stating that securities or market prices are random and not influenced by previous events. This theory is also known as the "weak for ...
Expectations Theory
Hypothesis implying long-term interest rates holds a postulation of future short-term interest rates. It presumes an individual would generate the ...
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SEE FOREX TUTORIAL
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
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: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Jan | |
| 07:00 | Leading Indicators | Jan | |
| 08:00 | Economy Watchers Survey | Feb | |
| 08:00 | Economy Watchers Survey | Feb | |
| 09:00 | Industrial Production | Jan | |
| 09:00 | Industrial Production | Jan | |
| 09:00 | Trade Balance | Jan | |
| 09:00 | Trade Balance | Jan | |
| 10:00 | SECO Consumer Confidence | Feb |
