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.
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Premium Put Convertible
A convertible bond that has an additional put feature that allows it to be redeemed at a premium sometime during its life. As with a put option, th ...
Lancaster University Management School - LUMS
Lancaster University’s international business school, which was founded in 1964. Situated in Lancaster England, the business school is consid ...
Decoupling
The occurrence of returns on asset classes diverging from their expected or normal pattern of correlation. Decoupling takes place when two differen ...
Right Of Redemption
It is the right of a mortgagor or borrower who owns a real estate to retrieve his or her property. It gives them the ability to prevent foreclosure ...
Revenue Deficit
It occurs when the net amount received by the company is less than the projected net amount.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Capital Spending | 4 quarter | |
| 02:00 | MI Inflation Gauge | Feb | |
| 02:30 | ANZ Jobs Advertisements | Feb | |
| 02:30 | Company Operating Profits | 4 quarter | |
| 02:30 | PMI Manufacturing | Feb | |
| 03:45 | Markit Final Manufacturing PMI | Feb | |
| 07:30 | Commodity Prices | Feb | |
| 09:30 | Retail Sales | Jan | |
| 10:15 | PMI Manufacturing | Feb |
