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.
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Laffer Curve
The relationship between tax rates and tax revenue collected by the government. Formed by Arthur Laffer, the curve states there is an optimal tax i ...
Coopetition
Cooperation between rival firms. Entities partaking in both competition and cooperation are considered in coopetition. Some corporations take advan ...
Most Favored Nation Clause
A degree of status bestowed to a nation by another, which is executed by the World Trade Organization (WTO). A country accords this clause to anoth ...
Effective Debt
Net total of all the firm’s outstanding debt. Aside from the standard debt issues, it will also add up and capitalize any payments the firm i ...
Including Rental of Vacation Homes
A document, published by the Internal Revenue Service (IRS), that gives information for individuals with residential properties which are rented ou ...
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Introduction to Inflation
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 04:00 | Real GDP | 4 quarter | |
| 04:00 | Real GDP (YTD) | 4 quarter | |
| 04:00 | Fixed Asset Investment | Dec | |
| 04:00 | Industrial production | Dec | |
| 04:00 | Retail Sales | Dec | |
| 04:00 | Unemployment Rate | Dec | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Nov |
