DEFERRED ACQUISITION COSTS
Typically used in the insurance industry, this is when a company defers the sales costs that are associated with acquiring a new customer over the term of the insurance contract. Most of the sales costs arise from referral commissions to external distributors and brokers.
POPULAR TERMS
Straight Life Annuity
Insurance product which gives periodic payments to the annuitant until his death. The annuity prohibits annuitants to assign a beneficiary. It can ...
Opening Range
It refers to a security’s highest and lowest prices throughout the first few minutes of daily trading activity. These are important to day tr ...
Upper Management
Upper Management is the term given to an entity that may be an individual or a group of people who have the responsibility to make the essential de ...
Zero Uptick
Zero Uptick is also known as “Zero Plus Tick.” It is a trade executed at the same price as the price in the previous trade but higher t ...
Joint Supply
An economic term that pertains to the product or process that can generate two or more outputs. An example of a joint supply is the livestock indus ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Principles of Trading: Record Keeping and Taxation
It is imperative for every trader to maintain a precise, organized, and latest trading-related records. Hence, traders should keep both hard and di ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Apr | |
| 20:00 | Federal Budget Balance | Apr | |
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:50 | Summary of Opinions | ||
| 01:50 | M2 Money Supply + CD | Apr | |
| 03:30 | NAB Business Confidence | Apr | |
| 03:30 | Westpac Consumer Sentiment | May | |
| 05:35 | 30-Year JGB Auction | May | |
| 08:00 | Claimant Count Change | Apr |
