ANNUALIZE
- The conversion of a rate from any length into a rate which reflects a rate on an annual basis (yearly). It is often employed on rate which lasted for less than a year, and often does not consider the effects of compounding. The annualized rate is not considered as a guarantee but only serve as an estimate, whose accuracy is based on the variance of the rate. This rate is also referred as "annualized return" and is almost the same with "run rate."
- The conversion of a taxation period which is less than a year into an annual (yearly) basis. It aids income earner in planning an effective tax plan and manage the tax implications.
POPULAR TERMS
Residual Interest
A charge for borrowing money that accrues on a credit card account between the date the bill is issued and the date the cardholder pays the ...
Middle Class
Individuals who fall between working class and upper class in a social class. Normally, middle class people have a higher proportion of college deg ...
Tier 3 Capital
Capital held by banks to cover some of their market risks including risks from foreign currency exchange and commodities. Its capital debts may ent ...
Share-Draft Account
Share-Draft Account is an account that enables credit-union members to access the shared balance through the writing of drafts on their accounts. I ...
Segregated Disclosures
Segregated Disclosures are lender declarations that come in series mandated by the law, specifically by the Regulation M, to be segregated from oth ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
Introduction to Ethical Investing
Since time immemorial, investors look after better profits and income paying stocks. While many consider themselves as ethical investors, the commo ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
