INVITATION FOR BID - IFB
A process where a company or an organization gives an in-depth detailed project specifications and lets contractors to present their proposals that denotes how much the project will cost to finish it. IFB focuses on the bidder’s price to complete a project and gives less emphasis on the bidder’s own ideas. Sealed bids are opened at the predetermined time and recorded. A contract will be awarded to the best bid. Also known as request for quote.
POPULAR TERMS
Tunisian Dinar
Currency abbreviation for the Tunisian dinar, the official currency of Tunisia. The currency is comprised of 1,000 milim and presented with the sym ...
YOC
Yield On Cost (YOC) represents the original investment’s dividend yield. It is determined by dividing the stock’s annual dividend rate ...
Tax Gain/Loss Harvesting
Act of selling securities at a loss to reduce taxes. It aims to limit the tax imposed on short-term capital gains, which are normally taxed higher ...
Multiple Managers
A situation when an investment portfolio's assets are split among many fund managers to watch, manage, and analyze. It allows managers to have ...
Rental Real Estate Loss Allowance
A federal tax deduction of up to $25,000 that is available to non-real estate professionals who own at least a 10% interest in a rental property th ...
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Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
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 ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Economy Watchers Survey | Jan | |
| 10:00 | SECO Consumer Confidence | Jan | |
| 11:30 | Sentix Investor Confidence | Feb | |
| 22:15 | FOMC Member Raphael W. Bostic Speaks | ||
| 01:30 | Westpac Consumer Sentiment | Feb | |
| 01:50 | M2 Money Supply + CD | Jan | |
| 02:01 | BRC Retail Sales Monitor | Jan | |
| 02:30 | NAB Business Confidence | Jan | |
| 08:00 | Prelim Machine Tool Orders | Jan |
