DEFERRED ACCOUNT
An account that postpones tax liabilities until a future date. A deferred account refers to one where there is a deferral of tax, usually in accounts specifically designed for retirement, such as an Individual Retirement Account (IRA) in the U.S. Deferred accounts have proved to be enormously popular since their introduction, especially as fewer companies offer pensions and the burden of saving for retirement has shifted to individuals. The rationale behind deferred accounts is that they facilitate saving for retirement by enabling investments to grow tax-free until withdrawal. This tax-free compounding effect may generally enable investments in deferred accounts to grow faster than in taxable accounts.
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Foreign Tax Credit
A non-refundable tax credit for income taxes paid to a foreign government as a result of foreign income tax withholdings. The foreign tax credit is ...
Physical Delivery
It refers to the delivery of actual commodity in the settlement of a futures contract.
Bills Payable
A money a bank borrows, mainly on a short-term basis, and owes to other banks. It is the indebtedness to other banks, principally a Federal Reserve ...
WOM Marketing
Word-of-Mouth Marketing (WOM Marketing) is a form of marketing in which a consumer’s interest for a particular product or service is reflecte ...
Mega Deal
Refers to a business deal that involves a great deal of money. Mergers and acquisitions that entail significant amounts of money are cases of mega ...
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| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | Aug | |
| 12:00 | Bundesbank Monthly Report | ||
| 16:00 | NAHB Housing Market Index | Sep | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 23:00 | Westpac Consumer Confidence | 3 quarter | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 05:00 | Credit Card Spending | Aug | |
| 08:00 | Trade Balance | Aug | |
| 08:00 | Public Sector Net Borrowing | Aug |
