LOOPHOLE
A technicality in the law which allows an individual or business to evade the scope of law or restriction without violating its literal interpretation. Often occurs in tax law, it provide ways for people and companies to take away incomes or assets from tax-related situations into ones with lower or no taxed at all.
Often used in tax discussions and avoidance, these are most common in complex business that deals with tax and political issues, and also legal statutes. It can be seen in contract details, building codes, and tax codes, among others.
POPULAR TERMS
Unilateral Contract
Unilateral Contract is a legally enforceable agreement between legally competent parties to do or refrain from doing a particular act or acts.
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Circular Flow of Income
Neoclassical economic model describing how money circulates throughout an economy, between individuals and businesses. In simplest terms, the econo ...
Menu Costs
An economic term used to denote the fees incurred by businesses in updating its menu or price sheet. How expensive it is to change prices depends o ...
Non-Operating Expense
Expenses incurred by activities that are not related to the main operations of a business.
Underwriting Standard
Underwriting Standard is a set of rules designed to ensure that only safe and secure loans are being issued or maintained.
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Fixed interest rates.
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Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | BRC Retail Sales Monitor | Sep | |
| 01:50 | Bank Lending | Sep | |
| 01:50 | Domestic Corporate Goods Price Index | Sep | |
| 02:30 | NAB Business Confidence | Sep | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | CPI | Sep | |
| 08:00 | Harmonized CPI | Sep | |
| 12:00 | NFIB Small Business Index | Sep | |
| 16:00 | Existing Home Sales | Sep |
