HALF-YEAR CONVENTION FOR DEPRECIATION
A depreciation schedule that treats all property acquired during the year as being acquired exactly in the middle of the year. This means that only half of the full-year depreciation is allowed in the first year, with the remaining balance being deducted in the final year of the depreciation schedule, or the year that the property is sold.
POPULAR TERMS
Straight Life Annuity
Insurance product which gives periodic payments to the annuitant until his death. The annuity prohibits annuitants to assign a beneficiary. It can ...
Opening Range
It refers to a security’s highest and lowest prices throughout the first few minutes of daily trading activity. These are important to day tr ...
Upper Management
Upper Management is the term given to an entity that may be an individual or a group of people who have the responsibility to make the essential de ...
Zero Uptick
Zero Uptick is also known as “Zero Plus Tick.” It is a trade executed at the same price as the price in the previous trade but higher t ...
Joint Supply
An economic term that pertains to the product or process that can generate two or more outputs. An example of a joint supply is the livestock indus ...
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SEE FOREX TUTORIAL
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Apr | |
| 20:00 | Federal Budget Balance | Apr | |
| 01:01 | BRC Retail Sales Monitor | Apr | |
| 01:50 | Summary of Opinions | ||
| 01:50 | M2 Money Supply + CD | Apr | |
| 03:30 | NAB Business Confidence | Apr | |
| 03:30 | Westpac Consumer Sentiment | May | |
| 05:35 | 30-Year JGB Auction | May | |
| 08:00 | Claimant Count Change | Apr |
