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.
POPULAR TERMS
Vanilla Option
Vanilla Option is a financial instrument that provides the holder the right, but not necessarily the obligation, to buy and sell an underlying asse ...
Registered Principal
Registered principal is a licensed securities professional who supervises a securities firm’s major operations, such as regulatory compliance ...
Straight Line Basis
Method of calculating the amortization or depreciation of an asset done by dividing the difference between its cost and projected salvage value by ...
Form 8949
An IRS form implemented in tax year 2011 for individual taxpayers to report capital gains and losses from investment activity. Form 8949 is used by ...
Spread
Spread may be defined two ways. First, it is the discrepancy of a security’s or an asset’s bid and ask price. Second, it is an options ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Dec | |
| 02:30 | Mid-Year Economic and Fiscal Outlook | ||
| 11:00 | Trade Balance | Oct | |
| 12:00 | Current Account (sa) | Oct | |
| 12:00 | Consumer Price Index Core | Nov | |
| 12:00 | Consumer Price Index | Nov | |
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | NY Fed Empire State manufacturing index | Dec | |
| 15:30 | Foreign Securities Purchases | Oct |
