MELLO-ROOS
A form of financing utilized by cities, counties, and special districts to finance large-scale products in that district such as major improvements and services. To use this type of financing, voters in that district must approve forming a Mello-Ross district by vote (⅔ must be in favor of this decision). Once the district has agreed to become a Mello-Roos district, the amount spent to fund one of the projects is repaid by the voters through taxes. It is formally called Community Facilities District Act, but is commonly known as Mello-Roos because the said Act was named after Senator Henry Mello and Assemblyman Mike Roos, who co-authored the Act.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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| Time | Country | Indices | Period |
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| 04:00 | Expected Annual Inflation 2y from now | 4 quarter | |
| 07:00 | Economy Watchers Survey | Oct | |
| 10:30 | New Yuan Loans | Oct | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | M2 Money Supply + CD | Oct | |
| 02:30 | NAB Business Confidence | Oct | |
| 08:00 | Prelim Machine Tool Orders | Oct | |
| 09:00 | CPI | Oct | |
| 09:00 | Harmonized CPI | Oct |
