INCOME TAX PAYABLE
Account in the current liabilities section of a firm’s balance sheet, which receives funds to settle tax obligations within a year. It is computed based on the prevailing tax law in the firm’s home country, which may fluctuate or increase.
POPULAR TERMS
Klinger Oscillator
A technical indicator, created by and named after Stephen Klinger, which determines long-term trends of money flow based on volume and stays sensit ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
Risk Lover
A type of investor who is willing to take on additional risk for an investment that has low expected return. This is the opposite of risk averse.
Corporate Ownership of Life Insurance - COLI
Insurance policies taken away by companies on their employees in which death benefits will be given to these firms instead to the insured individua ...
Pay/Collect
It refers to the payment/collection of funds between clearing members and their clearing houses.
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
Any person can utili ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 04:00 | Real GDP | 4 quarter | |
| 04:00 | Real GDP (YTD) | 4 quarter | |
| 04:00 | Fixed Asset Investment | Dec | |
| 04:00 | Industrial production | Dec | |
| 04:00 | Retail Sales | Dec | |
| 04:00 | Unemployment Rate | Dec | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Nov |
