ABNORMAL SPOILAGE
The wrecking or waste of inventory over the expected in normal business processes. Abnormal spoilage may result from an inefficient operations or broken machinery , and is given at least partial consideration for prevention. In the accounting context, it is recorded as a separate item – loss from abnormal spoilage.
POPULAR TERMS
BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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SEE FOREX TUTORIAL
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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12:00 | Bundesbank Monthly Report | ||
07:00 | BOJ Core CPI | Jun | |
16:00 | Existing Home Sales | Jun | |
16:00 | Richmond Fed Manufacturing Index | Jul | |
16:00 | Consumer Confidence | Jul | |
02:30 | PMI Manufacturing | Jul | |
02:30 | Tertiary Industry Index | Jul | |
02:30 | PMI Composite | Jul | |
08:00 | GfK Consumer Climate | Aug |