Term of the day
General Obligation Bond - GO
Municipal debt issue secured by the credit and taxing power of the issuing jurisdiction, not the revenue from a specific project.
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Professional lenders or underwriters grouped to facilitate a huge transaction that is difficult or impossible to be handled by an entity alone. Syn ...
The risk of the value of an investment changing due to changes in currency exchange rates.
Outright Futures Position
It is a long or short trade on an underlying futures contract that has a potential for unlimited profits, but may also carry risk for unlimited los ...
An event that takes place once a year. The annual reports or events may include shareholder meetings, taxes, and corporate filings such as a 10-K. ...
A loan with no fixed term or set duration of repayment. It can be recalled upon the lenders request, assuming the notice required by the provisions ...
Finance for Individuals
Taxation in Finance
Sidestep an Audit: Watch Out For These Warning Signals
Around 1% of Americans is expected to be audited this year and while most of the reasons behind these are random, some are initiated by the taxpayers themselves. Given these, here are a few 're d flags' to help you indicate whether you are at risk of being picked by the IRS for a reviews.
|08:00||Wholesale Price Index||Aug|
|10:00||Quarterly Unemployment Rate||2 quarter|
|20:00||Federal Budget Balance||Aug|
|02:00||RBA Assistant Governor Luci Ellis Speaks|
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|03:30||NAB Business Confidence||Aug|
|04:45||RBA Governor Philip Lowe Speaks|
|08:00||Claimant Count Change||Aug|