COMMUNITY CURRENCY
Paper scrip issued at the county, town, or community level to be used at local participating businesses. It aims to encourage spending business to help boost the firms’ sales. Local residents may exchange dollars for community currencies at any participating local bank branches, which is usually discounted to encourage their use. Business owners accepting community currencies has to create separate accounting methods to handle several taxation guidelines. But it is considered an acceptable tradeoff for increased business from local consumers.
POPULAR TERMS
Nordic Tiger
A colloquial term for the Scandinavian nation of Iceland. Prior to the global financial crisis of 2008, Iceland was on a strong growth trajectory t ...
Tariff
Tax imposed on imported products and services. It is used to restrict trade as it increases the price of these goods and services. Money collected ...
Social Responsibility
Social responsibility is responsibility of an organization to the society. There is a notion that companies were created to maximize profits howeve ...
Step-Up Bond
Step-Up Bond is a kind of bond where the first period is paid with an initial coupon rate. After the initial payment, the coupon rate goes higher f ...
Gap Analysis
Process in which a firm compares its actual performance to its projected performance to assess if they have met these expectations and used ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Change | Mar | |
| 16:00 | ISM Services PMI | Mar | |
| 01:30 | Household Spending | Feb | |
| 03:00 | ANZ Commodity Prices | Mar | |
| 03:30 | ANZ Jobs Advertisements | Mar | |
| 05:35 | 30-Year JGB Auction | Apr | |
| 07:00 | Leading Indicators | Feb | |
| 09:00 | Foreign Currency Reserves | Mar | |
| 09:15 | PMI Services | Mar |
