ACCOUNTING CUSHION
It is the overstatement of a company’s expense provision to create a cushion for future results. Its is used to understate income in a current period by overstating liability or allowance accounts. This can be achieved by increasing allowances for bad debts in the current period, without any indication that bad debts will actually rise.
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Multi-Level Marketing
A strategy used by certain direct sales companies in order to encourage their existing distributors to bring in new distributors by giving the exis ...
Reintermediation
Individuals withdrawing funds from non bank investments such as real estate and depositing into bank and depository financial-institution accounts. ...
Bellwether Stock
A stock that is perceived to be a popular sign of the direction of industry, sector or market as a whole. These stocks are usually used to know the ...
Voluntary Reserve
Voluntary Reserve is a monetary reserve voluntarily held by insurance companies.
Thomas C. Schelling
American economist and professor who received the 2005 Nobel Memorial Prize in Economics, along with American mathematician Robert J. Aumann. He di ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Jan | |
| 02:00 | MI Inflation Gauge | Jan | |
| 02:30 | Retail Sales | Dec | |
| 02:30 | ANZ Jobs Advertisements | Jan | |
| 02:30 | Building Approvals | Dec | |
| 02:30 | PMI Manufacturing | Jan | |
| 02:30 | Retail Sales | Dec | |
| 02:30 | ANZ Jobs Advertisements | Jan | |
| 02:30 | Building Approvals | Dec |
