DEATH TAXES
A tax that is imposed by the government on someone’s estate when he or she is dead. These taxes are levied on the beneficiary that receives the property in the deceased's will; the tax amount is based on the property's value at the time of the owner's death. Also called death duties or inheritance tax. The term was first coined in the 1990s to describe estate and inheritance taxes by those who want such taxes eliminated.
POPULAR TERMS
Collateralized Bond Obligation - CBO
Investment-grade bond supported by a pool of high-yield junk bonds. Normally, junk bonds are not investment-grade but they give enough diversificat ...
Production Externality
Production costs that have to be paid by someone other than the producer of a good or service. Production externalities are usually unintended and ...
Casino Finance
Colloquial term for an investment strategy which is categorized as extremely risky. This pertains to casinos and gambling in which players may have ...
Zero Prepayment Assumption
Zero Prepayment Assumption refers to the supposition that the scheduled principal and interest would be paid without installments. This is usually ...
Peer Perform
Analysts use this investment rating when given security is expected to provide returns that are consistent with those of other companies within its ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
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 ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | FOMC Member Jerome Powell Speaks | ||
| 02:30 | PMI Manufacturing | May | |
| 03:30 | ANZ Jobs Advertisements | May | |
| 03:45 | Markit Final Manufacturing PMI | May | |
| 08:00 | Retail Sales | Apr | |
| 08:00 | Nationwide House Price Index | May | |
| 08:30 | Commodity Prices | May | |
| 08:30 | Retail Sales | Mar | |
| 09:00 | Gross Domestic Product | 1 quarter |
