NOTIONAL PRINCIPAL AMOUNT
In an interest rate swap, the predetermined dollar amounts on which the exchanged interest payments are based. Notional principal never changes hands in the transaction, which is why it is considered notional, or theoretical. Neither party pays or receives the notional principal amount at any time; only interest rate payments change hands.
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Currency Adjustment Factor - CAF
Fee imposed on top of freight charges by carriers that service trades between the United States and nations in the Pacific Rim. The charge is desig ...
Dual Rate Income Tax
Income tax rate structure where two independent tax rates are charged based on income levels. All incomes are taxed from the lower rate up to the c ...
Sales Per Share
Sales Per Share is the ratio which computes the total revenue earned per share over a period of 12 months.
Credit Inquiry
Transaction in which a bank or financial institution reviews an individual’s credit report relative to a loan or credit card application. The ...
Caput
Exotic option comprised of a call option placed over a put option. In essence, it gives the option holder the right to buy another option. Also cal ...
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SEE FOREX TUTORIAL
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Introduction to Banking
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Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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09:00 | CPI | Apr | |
11:00 | 10-y Bond Auction | Apr | |
11:00 | Consumer Confidence | ||
14:00 | CPI | Apr | |
14:00 | Harmonized CPI | Apr | |
01:01 | BRC Shop Price Index | Apr | |
01:30 | Unemployment Rate | Mar | |
01:50 | Retail Sales | Mar | |
01:50 | Industrial Production | Apr |