BAIT RECORD
An internal control employed in accounting to detect improper usage and fraud. Bait records are incorporated within a computerized file so that once it is accessed improperly, the one who accessed it may be tracked. Bait records was named that way because the intentions of parties for misuse and fraud tempts them to "take the bait."
POPULAR TERMS
Life Income Plan
A philanthropic investment strategy by which the property or cash is transferred into a pooled income fund and the receiving beneficiary, usually a ...
Soft Patch
Soft patch is a time period in a large trend of economic growth where the growth is generally slowed. Soft patch is typically used to refer to a pe ...
Nouriel Roubini
Roubini is economist best known for his prediction of the 2008 financial crisis. He is an economics professor at New York University, a research as ...
Daily Trading Limit
It is the gain or loss in a contract. This can be an option and future contracts that is only allowed in a trading day session. Limits are imposed ...
Form 706-GS-D
A form issued by the IRS used to calculate taxes due on trust distributions subject to a generation-skipping tax. It is used by a taxpayer who rece ...
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 ...
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 ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
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 |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
