LIVING WAGE
A theoretical wage level that allows a worker to meet its basic needs such as shelter, food, clothing, and other necessities without resorting to any welfare or public assistance. It should be good enough to make sure not more than 30% of earnings will be spent on housing. It aims to let employees earn adequate income in order to have a satisfactory standard of living.
POPULAR TERMS
Bullet Loan
Balloon loan paid at the end of the term. The loan will be refinanced to fulfill the balloon payment obligation.
One-Bank Holding Company
A one-bank holding company holds at least a quarter of a commercial bank’s voting stock. Companies of this type led to the formation of lever ...
Foreign Credit Insurance Association - FCIA
A voluntary agency that provides insurance for U.S. exporters. It was formed in 1961.
John Elkann
Chairman of Italian automaker Fiat, and Chairman and Chief Executive Officer of investment company Exor. Both companies are controlled by the Agnel ...
Expected Return
Amount an investor would expect on the return of an investment with various known or expected return rates. This is computed by getting the average ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
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 ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
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.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 03:30 | ANZ Jobs Advertisements | Aug | |
| 07:00 | Leading Indicators | Jul | |
| 08:00 | Industrial Production | Jul | |
| 09:00 | Foreign Currency Reserves | Aug | |
| 09:00 | Unemployment Rate | Aug | |
| 10:30 | Sentix Investor Confidence | Sep | |
| 11:00 | GDP revised | 2 quarter |
