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
University of Miami School of Business Administration
The University of Miami School of Business Administration is a distinguished school of business in Miami. The school offers undergraduate, graduate ...
Hedge Accounting
An accounting method in which entries for the ownership of a security and the opposing hedge are treated as one. This method attempts to diminish t ...
Commercial Blanket Bond
Liability coverage employers acquired to shield themselves against losses due to dishonest employees. It gives blanket coverage for all an employer ...
Maximum Loan Amount
The maximum amount that an individual can borrow. The lender set the maximum loan amount based on various factors such as the selected loan program ...
Retention Tax
A tax levied to an investor’s income that is earned on investments in a country that is not the investor’s home residence or country. R ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
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 ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Building Permits | Apr | |
| 00:45 | Building Permits | Apr | |
| 01:01 | BRC Shop Price Index | May | |
| 01:01 | BRC Shop Price Index | May | |
| 01:30 | Unemployment Rate | Apr | |
| 01:30 | Unemployment Rate | Apr | |
| 03:30 | Building Approvals | Apr | |
| 03:30 | Building Approvals | Apr | |
| 09:00 | Gross Domestic Product | 1 quarter |
