SHARE-DRAFT ACCOUNT
Share-Draft Account is an account that enables credit-union members to access the shared balance through the writing of drafts on their accounts. It was established under the jurisdiction of the Consumer Checking Account Equity Act of 1980. Unlimited number of checks are allowed in share-draft accounts as it is secured by federal insurance with the earned interests compounded quarterly.
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IRS Publication 971: Innocent Spouse Relief
A document that outlines three classifications of tax liability relief that is available to married couples or former spouses who submitted joint i ...
Trading Account
1. Account created for holding cash and securities, which is managed by an investment dealer.
2. Account in a financial institution that ...
Big Five Banks
This is a reference used in Canada. This is used for the five largest bank in Canada which are The Bank of Montereal, The Bank of Nova Scotia, The ...
Regulation L
Regulation L prohibits specific types of interlocking arrangements with directors for member banks and their respective holding companies.
American Jobs Creation Act of 2004
Designed for multinational corporations, domestic manufacturers and other entities, as well as energy sector and the agriculture. It has 270 provis ...
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SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
ECONOMIC CALENDAR
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| 09:00 | GDP | 3 quarter | |
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| 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 |
