Money lost from games of chance or wagers on events with unsure results (gambling). Such losses can only be claimed against gambling income, which cannot surpass gambling income.
Common Size Income Statement
Income statement highlighting income accounts expressed as a percentage for easier analysis between firms or time periods of a firm.
Dow Jones EURO STOXX 50
Market capitalization-weighted stock index made up of 50 huge, blue-chip European companies within the eurozone. The universe for selection is seen ...
Beliefs and behaviors showing the way a firm’s management and employees interact and handle business transactions. It is frequently imp ...
High Ratio Loan
A loan where a small down payment should be made. For mortgages, it often covers more than 80% of the value of the property.
Set of three-letter codes, published by the International Chamber of Commerce (ICC), which represents several ways to organize international shipme ...
Should Financial Advisors Entertain Millennials?
Creative. Innovative. Passionate. These are some words that describe millennials. This generation, encompassing people who are in their 20s and 30s ...
Millennials, Interested in Investing?
Millennials, do you want to become better investors? But before anything else, empower yourself. As Robin Sharma points out in his book “The ...
Three Interesting Trivia regarding Income Tax
Every individual is a taxpayer. The government utilize such payments to fund their projects and uphold the best interests of their people. Most nat ...
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses ...
Overcoming Budget Obstacles
Many often associate budgeting as a headache--something that people stay up at night for, armed with a calculator and a pen. Contrary to this, the ...
SEE FOREX TUTORIAL
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 ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
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|05:00||BoJ MPC Interest Rate Announcement||Jan|
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