INTEREST EXPENSE
Cost of debt incurred by any individual, company, or entity for borrowed funds. A non-operating expense on the income statement, it represents the amount payable on debts such as bonds, convertible debt, loans, or lines of credit. To get the interest expense, multiply the interest rate by the outstanding principal amount of the debt. In income statement, it is the interest yielded during the specified period. Interest expense is tax-deductible for corporations; but for individuals, it varies from one jurisdiction to another, as well as on the loan’s purpose.
POPULAR TERMS
Life Income Plan
A philanthropic investment strategy by which the property or cash is transferred into a pooled income fund and the receiving beneficiary, usually a ...
Soft Patch
Soft patch is a time period in a large trend of economic growth where the growth is generally slowed. Soft patch is typically used to refer to a pe ...
Nouriel Roubini
Roubini is economist best known for his prediction of the 2008 financial crisis. He is an economics professor at New York University, a research as ...
Daily Trading Limit
It is the gain or loss in a contract. This can be an option and future contracts that is only allowed in a trading day session. Limits are imposed ...
Form 706-GS-D
A form issued by the IRS used to calculate taxes due on trust distributions subject to a generation-skipping tax. It is used by a taxpayer who rece ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Options Transaction Via Day Trading
Given so many concepts and terminologies in the foreign exchange market, anyone outside the field of finance may have a hard time coping up. Howeve ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
