BARGAIN SALE TO A CHARITABLE ORGANIZATION
Arrangement allowing an individual is to deduct tax liabilities by selling a product or service to a charitable institution at a price below its fair market value. Donors often use bargain sales aiming to make a donation to a charity in kind. In some instances, the property transferred is exchanged for other similar property with lower value, in which its difference is considered a gift.
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Relativity Trap
A psychological trap that leads people to make irrational choices when making spending decisions. The relativity trap is often exploited by savvy m ...
Black Wednesday
The UK government was forced to pull out the sterling from the European Union’s exchange rate mechanism on September 16, 1992. Five years lat ...
Cash and Cash Equivalents - CCE
Company assets, stated in its balance sheet, which are in cash form or can easily be converted into cash.
Third Party
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Retirement Method of Depreciation
An accounting procedure in which an asset is expensed for depreciation purposes only when it is removed from service instead of allocating its cost ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 16:00 | Existing Home Sales | Mar | |
| 05:00 | Credit Card Spending | Mar | |
| 07:00 | BOJ Core CPI | Mar | |
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 14:30 | Wholesale Sales | Feb | |
| 15:00 | House Price Index | Feb | |
| 16:00 | New Home Sales | Mar | |
| 16:00 | Richmond Fed Manufacturing Index | Apr | |
| 16:00 | Consumer Confidence | Apr |
