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.
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Take-Home Pay
Pay received by an individual from working after adding bonuses and subtracting employment taxes, cost of benefits, and retirement contributions. I ...
Redemption Fee
This is the commission charged to in individual when he or she sells in investment, such as an annuity or a mutual fund. Redemption fee is intended ...
Catalyst
Something causing or initiating a significant event to happen such as news and information. Initially, it used to pertain to a reaction in chemistr ...
Optimal Currency Area
The geographic area in which a single currency would create the greatest economic benefit. While traditionally each country has maintained its own ...
Advance Canvass
A technique employed by companies to gain a “buzz” in advance of a promotional campaign or a new product launch, by paying a visit to r ...
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SEE FOREX TUTORIAL
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
Student Loans: Private Loans
Majority of students consider federal loans as their first borrowing choice. But this loan may not be able to shoulder an entire tuition, not to me ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | ANZ Commodity Prices | Sep | |
| 02:30 | Tertiary Industry Index | Sep | |
| 02:30 | PMI Composite | Sep | |
| 07:00 | Consumer Confidence | Sep | |
| 09:15 | PMI Services | Sep | |
| 09:15 | Composite PMI | Sep | |
| 09:45 | PMI Services | Sep | |
| 09:45 | PMI Composite | Sep | |
| 09:50 | PMI Services | Sep |
