INTERNATIONAL COMMODITIES CLEARING HOUSE - ICCH
An agency that settles futures contracts for exchanges around the world. Located in London, the clearing house keeps and arranges daily duties of clearing futures contracts, ensures correct delivery, and collects margin money for registered members.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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SEE FOREX TUTORIAL
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The Concepts of Economics: Scarcity
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Buying a Home: Selecting a House Suitable for Your Needs
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Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
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 ...
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14:30 | Raw Materials Price Index | Mar | |
16:00 | Consumer Confidence | Apr | |
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02:30 | PMI Composite | Apr | |
08:00 | Public Sector Net Borrowing | Mar |