- Industry: Financial services
- Number of terms: 73910
- Number of blossaries: 1
- Company Profile:
World's leading financial information-service, news, and media company.
Produces a popular price index of 17 commodities which is often used to track inflationary trends in the economy.
Industry:Financial services
An investment manager that focuses on long and short trading in the futures markets. The trades are often intraday trades. Sometimes referred to as **Managed Futures.
Industry:Financial services
Enacted by Congress in 1977, the CRA encourages banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighbourhoods with low or moderate incomes, while maintaining safe and sound operations.
Industry:Financial services
Entity that attempts to reduce the impact of export instability on country economies.
Industry:Financial services
A letter of credit which a bank other than the bank that opened it agrees to honour as though they had themselves issued it. This additional confirmation is in addition to the obligation of the bank which issued the letter of credit.
Industry:Financial services
The bank which has confirmed a letter of credit opened by another bank.
Industry:Financial services
A statutory body established by Congress in 1976. The Council, with 30 members who represent a broad range of consumer and creditor interests, advises the Federal Reserve Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice.
Industry:Financial services
Federal legislation establishing rules for the disclosure of the terms of a loan to protect borrowers. See: Truth in lending.
Industry:Financial services
The CPI, as it is called, measures the prices of consumer goods and services and is a measure of the pace of US inflation. The US Department of labour publishes the CPI every month.
Industry:Financial services
The formal name for the load of a back-end load fund.
Industry:Financial services
