ILLEGAL DIVIDEND
Dividend declared for violating a firm’s charter and/or state laws. Should illegal dividend be declared, the creditors and shareholders can sue a corporation’s board of directors. The firm may also face prosecution.
POPULAR TERMS
Toxic Waste
Slang term for high-risk, illiquid securities due to some provisions or risks beneath it.
Third Party
Individual or company other than the principals that is part of a arrangement or transaction. Frequently, this party has lesser interest in the dea ...
Capital Loss Carryover
The net value of capital losses that aren't able to deduct for the latest tax year but is possible to be resumed into next tax years. Net capit ...
Employment Act of 1946
Legislation act outlining the responsibility of maintaining a high employment level of labor and price stability. Enacted by the US Congress, the t ...
Compound Option
Option beneath another option. It gives opportunity to buy or sell an option, hence having two strike prices and two exercise dates. This option ha ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
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 ...
Student Loans: Loan Repayment
Students, soon after your graduation, you need to enter the repayment phase. In other words, you have to start paying off your student loans. This ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Feb | |
| 06:30 | Industrial Production | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 15:30 | Foreign Securities Purchases | Dec | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 11:30 | Claimant Count Change | Jan | |
| 11:30 | Claimant Count Rate | Dec | |
| 11:30 | Average Earnings Index | Dec | |
| 12:00 | ZEW Economic Sentiment | Feb |
