EXPRESS WARRANTY
Oral or written agreement between the contract seller, dealer, independent firm, or manufacturer and the product buyer to provide repair or replacement for covered components of the product for some defined time period. This is a seller’s guarantee or pledge a buyer counts on when they buy an item. In the United States, a firm must give a written express warranty if a product is sold for over $15 under the Magnuson-Moss Warranty Act.
POPULAR TERMS
Bilateral Tax Agreement
A bilateral tax agreement can improve the relations between two countries, encourage foreign investment and trade, and reduce tax evasion. Arrangem ...
Dow Jones Sustainability United States Index
Market capitalization-weighted index encompassing US-based firms in the Dow Jones Sustainability North America Index, comprised of the leading 20% ...
Sample
Sample is a subset consisting of the characteristics of a larger population.
Weak Longs
Weak Longs refer to a group of investors holding a long position and exits that position once the first sign of weakness appears.
Basis Grade
To be applied as the absolute of a futures contract, the basis grade is the least possible acknowledge standard that a transferable goods must meet ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 04:00 | Fixed Asset Investment | Apr | |
| 04:00 | Industrial production | Apr | |
| 04:00 | Retail Sales | Apr | |
| 04:00 | Unemployment Rate | Apr | |
| 04:00 | NBS Press Conference | ||
| 10:00 | Trade Balance | Mar | |
| 16:00 | NAHB Housing Market Index | May | |
| 22:00 | TICS | Mar | |
| 00:45 | Producer Price Index | 1 quarter |
