ABATEMENT
It is the level of taxation’s reduction faced by a company or an individual. Some examples of abatement are rebates, penalty reduction and tax decrease. The abatement can be requested from authorized tax authorities when an individual or a company overpaid its taxes of its tax bill is significantly higher than usual.
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Organization Of Arab Petroleum Exporting Countries - OAPEC
This organization is based in Kuwait that pursues to promote cooperation among 11 Arab –oil-exporting nations that are its members, and devel ...
Imputed Value
Value of an item such as asset for which the actual value is not recorded or available, but logical or implicit in that item wherein a real value h ...
Earned Premium
Amount of total premiums an insurance company collected within a period, which have been generated according to the ratio of the time rendered on t ...
Easement in Gross
Legal right to use another individual’s property as long as the owner possesses that property or the easement holder passes away.
Minimum Efficient Scale
The smallest amount of production a firm can attain while taking full advantage of economy of scales in their costs and supplies. In classical econ ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Apr | |
| 14:30 | NY Fed Empire State manufacturing index | Jun | |
| 16:00 | NAHB Housing Market Index | Jun | |
| 19:00 | ECB President Mario Draghi Speaks | ||
| 20:45 | BOC Deputy Governor Lawrence Schembri Speaks | ||
| 22:00 | TICS | Apr | |
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 03:30 | Monetary Policy Meeting Minutes |
