RIGHT OF RESCISSION
A right under federal law set forth by the Truth in Lending Act that gives a borrower the right to cancel a home equity loan or line of credit with a new lender, or to cancel a refinance transaction done with another lender other than the current mortgagee within three days of closing. The right is provided on a no-questions-asked basis, and the lender must give up its claim to the property and refund all fees within 20 days of exercising of the right of rescission.
POPULAR TERMS
Corporate Citizenship
Extent to which companies are socially responsible for complying with its legal, ethical, and economic responsibilities their stakeholders put on t ...
Intraday Intensity Index
A volume-based technical indicator that represents the flow of funds for a security based on where it closes in its high and low range. Computed as ...
Net Investment
It is the measure of the investment in capital assets of a company. It includes interest earned on securities, loans, and other interest-earning as ...
Chameleon Option
Option with the capacity to change its structure if predetermined terms are met including specified increase or decrease in the spot price. Investo ...
CFA Franc
One of two currencies used in Africa, which is backed by the French treasury. The currency is pegged to the euro. It may pertain to either the West ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:30 | PMI Manufacturing | Dec | |
10:00 | KOF Economic Barometer | Dec | |
10:00 | CPI | Dec | |
16:45 | Chicago Purchasing Managers Index | Dec | |
17:00 | Pending Home Sales | Nov | |
03:30 | PMI Manufacturing | Dec | |
03:30 | Non-Manufacturing PMI | Dec | |
16:00 | House Price Index | Oct | |
03:45 | Markit Final Manufacturing PMI | Dec |