EXPENSE RATIO
Gauge determining the costs an investment firm to operate a mutual fund. Computed annually, it is determined by dividing the operating expenses by the assets’ value under management. Operating expenses are taken away from a fund’s assets and reduces the return to its investors. Also called management expense ratio (MER).
POPULAR TERMS
Flat Tax
It is a system that applies the same rate to all taxpayers regardless of their income bracket.
Adjusted Mean
Statistical averages that are fixed accordingly intended to catch up on imbalances on the data. Outliers, visible in the data sets will most likely ...
Civil Service Retirement System - CSRS
System establishing the retirement, disability, and survivor benefits for certain Federal employees. The Federal Employees Retirement System (FERS) ...
The Conference Board
Nonprofit business organization researching, collating, and distributing information on management and the marketplace. A widely quoted private sou ...
Financial Economics
A branch of economics that analyzes the use and distribution of resources in markets in which decisions are made under uncertainty. Financial decis ...
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Students, How Much Can You Afford to Borrow?
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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 |
