SUM CERTAIN
Legal term for predetermined settlement price of a contract or negotiable instrument. It pertains to the fixed or settled amount without ambiguity. A negotiable instrument cannot be negotiated unless it states a sum certain.
POPULAR TERMS
Bubble Theory
Belief the prices of assets occasionally rise way above their true values and these bubbles are easily identifiable. The theory states huge overval ...
Hedge Accounting
An accounting method in which entries for the ownership of a security and the opposing hedge are treated as one. This method attempts to diminish t ...
12B-1 Fund
Mutual fund charging 12B-1 fees to its holders instead of the up-front or back-end commissions. Such funds take a specific part of assets and use i ...
George Soros
Hungarian-born American hedge fund manager, business magnate, and philanthropist broadly considered to be one of greatest investors worldwide. He m ...
Thorstein Veblen
American economist and sociologist best known for introducing the phrase “conspicuous consumption” in his book The Theory of t ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
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, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Leading Index | Mar | |
| 00:45 | Trade Balance | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 15:30 | FOMC Member Patrick T. Harker Speaks | ||
| 16:00 | Consumer Confidence | Apr | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 20:00 | FOMC Member Neel Kashkari Speaks |
