COMPENSATORY DAMAGES
Amount of money awarded to a plaintiff or his beneficiary to compensate for the damage, injury, or loss. Such compensations are awarded in civil court cases where loss occurred due to another party’s negligence or unlawful conduct. To receive this, the victim must prove the loss has occurred and if it should be attributed to the defendant. Also, he has to quantify the amount of loss before a jury or judge.
POPULAR TERMS
Total Tax
Total amount owed by a taxpayer in a given year, accounting all credit and deductions but not the tax payments made during the year. It is then com ...
Glide Path
Formula determining the asset allocation mix of a target date fund, according to the number of years to that fund. It forms an asset allocation whi ...
Service Charge
Service Charge is a kind of fee included in a primary product or service purchased for the payment on a service provided with the purchase. A commo ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
Day Cycle
The time period allotted for the delivery of Automated Clearing House debits and credits from an originator to its processor. Typical hours are bet ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
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 ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 11:30 | High Street Lending | Dec | |
| 16:00 | Leading indicators | Dec | |
| 16:30 | FOMC Member John C. Williams Speaks | ||
| 17:00 | New Home Sales | Dec | |
| 19:00 | ECB's Yves Mersch Speaks | ||
| 01:50 | Corporate Service Price Index | Dec |
