JUSTIFIED WAGE
A wage level set for a job based on market dynamics and justified by the requisites according to the worker’s experience, skills, and education. Justified wage, higher than minimum wage, is a wage level enough to attract workers but low enough to offer employment to workers. The difference between a justified wage and minimum wage varies depending on several factors such as the economic condition and unemployment level.
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Minority Interest
Significant but does not control ownership of lower than 50% of the firm’s voting shares, either by an investor or another company.
Total Debt to Total Assets
Leverage ratio measuring the total amount of debt relative to assets. A higher ratio signals higher leverage degree and financial risk. The broad r ...
Contributed Surplus
Amount of money a company generates from sources outside corporate earnings including sale of new shares higher than its par value. It helps both i ...
Level-Premium Insurance
A term life insurance policy in which the premium remains the same throughout the duration of the contract. The premium an individual paid for leve ...
Static Budget
Static Budget is kind of budget that is composed of anticipated values of inputs and outputs prior to the period of operation. More often than not, ...
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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 ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
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 ...
Buying a Home: Obtaining a Homeowners Insurance
You are one step closer to acquiring your dream house, and you want to make sure it has substantial protection against any disaster or occurrence t ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 00:45 | Food Price | Jun | |
| 06:30 | Tertiary Industry Index | May | |
| 08:00 | Wholesale Price Index | Jun | |
| 17:30 | BoE Governor Andrew Bailey delivers a speech | ||
| 17:30 | FOMC Member John C. Williams Speaks | ||
| 20:00 | Federal Budget Balance | Jun | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 03:30 | NAB Business Confidence | Jun |
