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.
POPULAR TERMS
WAL
Weighted Average Life (WAL) refers to the average number of years that each dollar in an unpaid principal on a loan or mortgage remains outstanding ...
Operating Loss - OL
A loss resulting from the main business operations. Extraordinary or peripheral income and expenses are not included.
Base Metals
Metals that rust, damaged or wears off easily when exposed to air or moisture. Commercial and industrial applications is where the base metals are ...
Deferred Annuity
A type of annuity contract that delays payments of income, installments or a lump sum until the investor elects to receive them. This type of annui ...
Child Support
Monetary payments made to the custodial parent after finalizing divorce proceedings. The court awards the terms of the child support, which are nor ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 16:00 | Leading indicators | Dec | |
| 16:00 | NBB Business Climate | Jan | |
| 16:45 | ECB's Jens Weidmann Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Dec | |
| 01:50 | Corporate Service Price Index | Dec | |
| 07:00 | BOJ Core CPI | Dec |
