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
Recapture
A term used in which a seller sets a condition that gives him/her the right to buy back portion or all of the assets in a specific period of time.< ...
Certificateless Municipals
Municipal bond with only one certificate for the entire issue. Also a book-entry security, the absence of the certificate simplifies recordkeeping ...
Capital Investment
Cash reserves invested in an enterprise or a company for the intention of furthering its business goals. Capital investment may also characterize t ...
Liquidating Market
A securities market where there is a wide involvement in selling most securities at the same time, given the effect of low and dropping prices whil ...
Operating Profit
Operating profit refers to the measure of income which tells how much revenue will become a company’s profit eventually.
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 ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 09:00 | Wholesale Price Index | Dec | |
| 12:00 | Industrial Production | Nov | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 23:45 | Food Price | Dec | |
| 01:50 | M2 Money Supply + CD | Dec | |
| 08:00 | Prelim Machine Tool Orders | Dec | |
| 09:45 | Consumer Price Index | Dec | |
| 09:45 | Gov Budget Balance | Nov |
