ECONOMIC LIFE
Expected time period in which an asset is useful to the average owner. It could be different than the actual physical life of the asset. Estimating the asset’s economic life is significant for business for them to determine the timing to invest in a new equipment. Also, businesses must plan to have enough funds to purchase replacements for costly equipment once it has exceeded its useful life.
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Lakshmi Mittal
An Indian steel magnate based in London and one of the wealthiest billionaires in the world. He is the President, Chairman, and Chief Executive Off ...
Countermand
Cancellation, revocation, or reversal of an order previously issued. In finance, it is specifically applicable to payments, which means a customer ...
Checkbook
Folder or booklet containing preprinted paper instruments issued to checking account holders, which is used to pay for products and/or services. It ...
Rent-A-Crowd
A group of people rented to make a business appear busy. This strategy is often used during grand openings of new businesses to give the appearance ...
Kiasu
A person is anxious of losing out to someone else. It is a traditional Chinese word that means “scared to lose” but is well-known in Si ...
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SEE FOREX TUTORIAL
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
...
Getting to Know The Federal Reserve
The world’s largest economy in the world is the economy of the United States and running it, keeping it in check, and making sure that it doe ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:00 | Credit Card Spending | Mar | |
| 14:30 | Industrial Product Price Index | Mar | |
| 14:30 | New Housing Price Index | Mar | |
| 14:30 | Raw Materials Price Index | Mar | |
| 16:00 | Consumer Confidence | Apr | |
| 02:30 | PMI Manufacturing | Apr | |
| 02:30 | Tertiary Industry Index | Apr | |
| 02:30 | PMI Composite | Apr | |
| 08:00 | Public Sector Net Borrowing | Mar |
