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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Henry Hub
A natural gas pipeline located in Erath, Louisiana that serves as the official delivery location for futures contracts on the NYMEX. It is owned by ...
Probability Distribution
A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range. This range will ...
Surrender Period
Time an annuity investor must wait until they can withdraw the fund from their annuity without paying the penalty fee.
Closed-End Lease
Rental agreement imposing no obligation on the lessee or tenant to purchase the leased asset at the end of the agreement. Also known as net lease, ...
Active Trust
A trust wherein the trustee is held liable for additional responsibilities. With an active trust, the given additional responsibilities can be in t ...
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A Guide to Your Personal Income Tax: Essentials
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 10:00 | Ifo Business Climate Index | Oct | |
| 10:00 | Ifo Current Assessment | Oct | |
| 10:00 | IFO - Expectations | Oct | |
| 12:00 | Bundesbank Monthly Report | ||
| 15:00 | NBB Business Climate | Oct | |
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 01:50 | Corporate Service Price Index | Sep | |
| 07:00 | BOJ Core CPI | Sep |
