ABILITY-TO-PAY TAXATION
A taxation in a form of a progressive tax. The principle of ability-to-pay in taxation states that taxes should be levied in accordance to the taxpayer's capability to pay. This progressive taxation approach puts additional tax burden on corporations, companies,trust and certain estates, partnerships, and individuals with higher incomes. The theory that relies within this concept is that individuals who earn more money have the capability to pay more in taxes.
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Swiss National Bank
Independent central bank responsible for Switzerland’s monetary policy and issuing Swiss franc banknotes. Cantons (states) and state-owned ba ...
Emigration
Relocating people within a country to live elsewhere. People emigrate for several reasons such as improving the quality of life and escalating a pe ...
Forward Forward
An agreement between 2 parties to engage in a loan transaction in the future. The lender will lend the borrower funds on a specified future date, a ...
Bond Yield
Amount of return generated from a bond. It is computed by dividing the interest paid by its current market price. Nominal yield is the most common ...
Stuffing
Act of selling undesirable securities from the broker-dealer’s account to their clients. Brokers-dealers seek to avoid taking losses from sec ...
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SEE FOREX TUTORIAL
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
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