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
Uniform Business Rate
Uniform Business Rate is a multiplier used to determine the amount of money owners of commercial and industrial properties must pay to local govern ...
Subsidy
Financial aid given by the government to individuals or groups, normally in the form of a cash payment or tax reduction. Subsidy aims to eliminate ...
Multinational Pooling
A strategy used by global companies in managing the risk of its employee benefit plans worldwide. The several employee benefit programs of a multin ...
Redeposit
This requires an individual to reinvest a specific amount of money into their retirement fund after he or she previously requested and obtained a r ...
Commercial Code
Private and public laws regulating the conduct in commerce. It governs business and commercial transactions, as well as it deals with matters on co ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Looking Into Ethical Investments
For studying socially responsible investments, the key word is ethics, of course.
View every corporate webs ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
