ABILITY TO PAY
An economic principle that states that the tax amount that an individual pays must be dependent on the degree of burden that the tax will create in relation to the wealth of an individual. The principle of ability to pay advocates that the real amount of tax to be paid isn't the only factor to be addressed, and that other issues, such as ability to pay, should also be put into consideration into a tax system.
POPULAR TERMS
Uniform Premarital Agreement Act
Uniform Premarital Agreement Act is a law permitting parties of a premarital contract to select the jurisdiction where the contract will fall under ...
Commingled
In securities, combining customer-owned securities with brokerage’s own accounts. This is normally illegal.
Predator
A predator is a company with sufficient financial capability to easily bear the risks associated with acquiring other companies. Predators are cons ...
Net Acres
The amount of leased real estate that a petroleum and/or natural gas company has a true working interest in. Net acres express actual percentage in ...
Deposit In Transit
A deposit in transit is money that has been received by a company and sent to the bank, but which has not yet been processed and posted to the acco ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
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 ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
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 |
---|---|---|---|
02:30 | PMI Manufacturing | Mar | |
02:30 | Tertiary Industry Index | Mar | |
02:30 | PMI Composite | Mar | |
10:15 | PMI Manufacturing | Mar | |
10:15 | PMI Services | Mar | |
10:15 | Composite PMI | Mar | |
10:15 | Composite PMI | Mar | |
10:30 | PMI Manufacturing | Mar | |
10:30 | PMI Services | Mar |