GAMBLING LOSS
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.
POPULAR TERMS
Exercise Price
Price at which the contract can be exercised, either to purchase (call option) or sell (put option). It is set at the time the option contract is c ...
Doctor Copper
Market jargon for the base metal that is said to have a Ph.D. in economics because of his capacity for predicting turning points in the global econ ...
Special Revenue Fund
Special revenue fund is a government account where the collected money is utilized for the carrying out of a specified project. The special revenue ...
Bandwidth
The transfer capacity of data by a network which is measured through the number of bits per second.
Bear Fund
Mutual fund designed to generate higher profits when the market declines. The fund, normally comprised of funds and mutual funds, employs short-sel ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
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: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
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 ...
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | PPI | May | |
| 12:00 | Bundesbank Monthly Report | ||
| 18:45 | FOMC Member James Bullard Speaks | ||
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 02:00 | RBA Governor Philip Lowe Speaks | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | May | |
| 10:00 | Current Account (sa) | Apr | |
| 12:00 | CBI industrial order books balance | Jun |
