NIIP
It refers to the stock of foreign assets of a nation minus its foreign liabilities. It may also be defined as the overseas assets value owned by a nation minus the domestic assets value owned by foreigners. When a negative NIIP figure occurs, it means that the foreign liabilities of a nation exceed its foreign assets, whereas a positive NIIP figures shows that a nation’s foreign assets surpass its liabilities.
POPULAR TERMS
Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | GDP | 3 quarter | |
| 09:00 | Current Account | 3 quarter | |
| 09:00 | Business Investment | 3 quarter | |
| 09:00 | Import Price Index | Nov | |
| 10:00 | GDP | 3 quarter | |
| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
| 15:30 | Raw Materials Price Index | Nov | |
| 17:00 | Consumer Confidence | Dec |
