AMORTIZABLE BOND PREMIUM
It is a term in taxation that refers to the excess of the premium paid above and over the bond’s face value. The premium could be deductible tax and amortized on a pro-rata basis over the bond’s life depending on the bond’s type.
When the bond’s price increases in the secondary market because of the market interest rates’ drop, bond premiums occur.
POPULAR TERMS
Telefile
Tax service enabling taxpayers to file Form 1040EZ using a touch-tone phone. Provided by the Internal Revenue Service from 1997-2005, it worked by ...
Business Plan
Written document, prepared by a company’s management, outlining its operational and financial goals in the future, as well as the steps it wi ...
Capital Cost Allowance - CCA
A annual depreciation or deduction that can be claimed for income tax reasons on the expense of particular assets. CCA or the word capital cost all ...
Congestion
Time period when a stock trades either above support, below resistance, or both.
Market occurrence where the demand for a specif ...
Investment Objective
A client information form used by registered investment advisors and other asset managers which helps in knowing the optimal portfolio mix for him ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
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 ...
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 ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Jul | |
| 20:00 | FOMC Member Loretta Mester Speaks | ||
| 01:30 | National CPI | Sep | |
| 01:30 | National CPI ex Fresh Food | Sep | |
| 01:30 | Tokyo CPI ex Fresh Food & Energy | Sep | |
| 01:50 | Summary of Opinions | ||
| 09:00 | CPI | Sep | |
| 10:30 | M4 Money Supply | Aug | |
| 10:30 | Mortgage Approvals | Aug |
