AMOUNT RECOGNIZED
It is the capital loss or gain that should be reflected to the tax return of a taxpayer in a year. It actually refers to the implication to the tax of an asset sale or investment taking into account brokerage or selling fees.
It may be different from the amount realized as the latter is not usually used in a situation demanding tax.
POPULAR TERMS
Bank Bill Swap Bid Rate - BBSY
The benchmark interest rate distributed and quoted by the Reuters Information Service. The BBSY is normally employed by corporations or financial i ...
Export Credit Agency - ECA
Financial institution or agency providing trade funding to domestic firms for international activities. They finance services including loans, guar ...
American Land Title Association - ALTA
It represents the title insurance industry. It focuses on a property's abstract of title. The organization also seeks to improve industry overs ...
Corporate Cannibalism
Self-infringement act on a company’s market share by issuing new products. Also called market cannibalization.
Alexander M. Cutler
The chairman and CEO of Eaton Corporation, a power-management company. The company is mainly producing hydraulics components, systems and services; ...
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SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Defining Inflation
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Feb | |
| 11:00 | Ifo Current Assessment | Feb | |
| 11:00 | IFO - Expectations | Feb | |
| 13:00 | Bundesbank Monthly Report | ||
| 16:00 | NBB Business Climate | Feb | |
| 16:30 | ECB President Christine Lagarde to deliver a speech | ||
| 17:00 | Leading Index | Jan | |
| 22:30 | FOMC member Michelle Bowman to deliver a speech | ||
| 23:45 | Retail Sales | 4 quarter |
