Term of the day
Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legislation responded to the flood of paper money the UK government issued, which led ...
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Babcock Graduate School of Management
It is the Wake Forest University’s business school. Its enrollment is almost 500 students. It offers various graduate degree programs coverin ...
A type of mutual fund with a balanced load. These type of share have small back-end loads that are usually around 1% and there is a possibility for ...
Working Capital Management
Working Capital Management is a managerial accounting strategy that focuses on keeping sufficient levels of the components of working capital, curr ...
Advanced benefits employees receive as they increase the tenure of their service to an employer. Federal law requires a vesting schedule for the em ...
Phantom Stock Plan
A benefit plan that gives employees the benefits of stock ownership without really giving them any company stock. It is also known as “shadow ...
Finance for Individuals
Young People, Avoid Financial Perils in Two Ways
Young investors are prone to financial pitfalls, which is understandable because of their youth. Based on FINRA Foundation Financial Capability Insights, a research by the FINRA Investor Education Foundation, millennials are struggling financially and have low levels of financial literacy.
Are Mutual Fund Ratings Deceiving?
The business of evaluating mutual funds has expanded from a quarterly rating service to multimillion dollar industry. In most cases, the rates can make or break a fund. But the question is: can inv estors rely on mutual fund rating? The Lipper Rating System - The rating system evaluates mutual fund and hedge fund, and provides commentary and tools for analyzing[#ret] data.
If you think 401k is enough think again
One of the most common retirement savings plan is the 401(k) which enables employees to make contributions from salary deductions on either a post or pre tax basis. Employers that offer this can ma ke nonelective or matching additions to the plan or add a profit-sharing feature to it.
Special Features on Finance
Taxation in Finance
Filing Your Child`s 1st Income Tax Return
Parents have to make a lot of milestone decisions when their children enter adulthood in order to make their children independent and responsible. But there’s a particular milestone every par ent must face – filing the first income tax return under a child’s name.
|02:30||Tertiary Industry Index||Sep|
|07:35||BOJ Governor Haruhiko Kuroda Speaks|
|10:00||Ifo Business Climate Index||Sep|
|10:00||Ifo Current Assessment||Sep|
|10:00||IFO - Expectations||Sep|
|15:00||NBB Business Climate||Sep|
|18:00||FOMC Member Raphael W. Bostic Speaks|