ASSESSABLE PROFIT
It is the income that is taxable after deducting allowable deductions in accounting. It is used in tax law in order to determine a person’s income that can be taxed based on the losses or gains of his or her funds that fall under his or her investment accounts that are taxable. It is the net of items including charitable donations, depreciation, and the investment account’s expenses.
POPULAR TERMS
Pinning the Strike
The tendency of the price of a stock to close near the strike price of heavily traded option as the expiration date nears.
Ratable Accrual Method
Ratable Accrual Method is used to determine when and how much was gained in a certain period of time. This method may be used to compute the intere ...
Goldbricker
Referring to an unproductive employee who tries to avoid work and/or responsibilities. They also use working office hours to use the internet or pe ...
Tier 1 Capital
First part of two-tier risk based capital standard describing the capital sufficiency of a bank. A core capital, it entails common stock, disclosed ...
Forward Exchange Contract
An agreement between 2 parties to exchange 2 designated currencies at a certain time period in the future.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
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 ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 23:00 | NZIER Business Confidence | 4 quarter | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
