STRATEGIC DEFAULT
Borrower’s decision to deliberately default on a debt obligation amid its capability to make the payments. Mortgage holders of residential and commercial property employ this financial strategy who have reviewed the costs and benefits of defaulting over continuously paying the debt, and found out it is more beneficial to stop paying.
POPULAR TERMS
McDonough Ratio
A ratio developed by the Basel Committee on Banking Supervision during Basel II conference. This ratio stemmed out from the Cookie ratio that was p ...
Excess Returns
Portion of return from a security or portfolio not explained by the overall market’s return rate. It measures the value added by the investme ...
M0
Measuring money supply that sums up all the physical currency (notes and coins) that is circulating in the economy and the bank reserves held with ...
Manufactured Housing - MH
A prefabricated housing unit, which is assembled in factories, prior to being moved to sites of use. The cost of construction per square foot is ty ...
MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
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.
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What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
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 ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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03:30 | NAB Business Confidence | Apr | |
05:00 | Expected Annual Inflation 2y from now | 2 quarter | |
09:00 | SECO Consumer Confidence | Apr | |
14:30 | Building Permits | Mar | |
18:45 | SNB Chairman Thomas Jordan Speaks | ||
00:45 | Visitor Arrivals | Mar | |
01:50 | Domestic Corporate Goods Price Index | Apr | |
08:00 | Claimant Count Change | Apr | |
08:00 | Average Earnings Index | Mar |