DISCRETIONARY INCOME
The amount of an individual's income that is left for spending, investing or saving after taxes and personal necessities (such as food, shelter, and clothing) have been paid. Discretionary income includes money spent on luxury items, vacations and non-essential goods and services.
POPULAR TERMS
Key Rate
A specific interest rate that decides bank lending rates and the credit cost for borrowers. Discount Rate and the Federal Funds rate are the two ke ...
Exclusive Listing
Formal agreement in a real estate transaction stating a real estate agent has the right to earn commission if a property is sold within an indicate ...
Punt
A unit of currency used in Ireland until 2002. It was introduced in 1928 and was pegged (one for one) to the British pound sterling. In 1979, the p ...
Quarterly Earnings Report
Public companies file a report of their performance quarterly. It includes earning reports such as their net income, net sales, earnings per share ...
Overfunded Pension Plan
It is a company retirement plan that has more assets than liabilities. Basically, there is a surplus amount of money needed to cover current and fu ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Introduction
Financial statements open a window how healthy a company is (in terms of finances). This document presents the financial activities of a person or ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Nov | |
| 06:30 | Industrial Production | Sep | |
| 11:00 | Gross Domestic Product | Oct | |
| 12:00 | European Commission Economic Forecasts | ||
| 15:30 | Consumer Price Index | Oct | |
| 15:30 | Consumer Price Index Core | Oct | |
| 15:30 | Common Core CPI | Oct | |
| 15:30 | Trimmed Core CPI | Oct | |
| 15:30 | Median Core CPI | Oct |
