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 to receive funds for any merchandise outlined in the letter of credit.
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Current Rate Method
Process of translating all foreign currency holdings on a company’s balance sheet using the current exchange rate. This is the most broadly u ...
Amplitude
The amplitude is the price difference from the trough’s midpoint to the peak of a security’s midpoint. It is usually positive in bullis ...
Sunshine Laws
Laws requiring transparency in government by making meetings, votes, deliberations, and other actions to be made available for public. It also mand ...
Subjective Probability
Describing an individual’s personal judgment on the likelihood of a certain event’s occurrence. This probability has no formal computat ...
McDonough School of Business
Established in 1957, it is the business school of Georgetown University, which is located in Washington, DC. It offers both undergraduate and postg ...
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Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
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 ...
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 ...
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 | |
| 15:30 | Durable Goods Orders | Nov |
