LUXURY ITEM
A good that is not needed for living but esteemed as highly desired in a culture or society. The capability to buy or finance a luxury item is directly commensurate to an individual’s assets or income. As people move into greater income brackets, they can able and more likely to purchase more expensive luxury items.
Aso known as positional goods, it signifies the owner has acquired a certain position or status in the society to be able to purchase them.
POPULAR TERMS
Asset Protection Trust
It is a way to protect the asset of an individual from the creditors. The asset protection thrust allow to settle with the debtor using favorable t ...
Cum Dividend
Share price which entails the right to receive the next dividend that is declared but not paid. Opposite of ex dividend.
Partial Redemption
Partial redemption occurs when an investor prefers to withdraw only partial or portion of a security, rather than getting the entire amount. This i ...
Principal Shareholder
It is also known as the majority shareholder, who mainly owns a publicly traded investment. It has the largest percentage of shares of the company ...
Tangible Common Equity Ratio - TCE
Ratio used in gauging the extent of losses a bank can take before wiping out a shareholder equity. It is computed by getting the value of the compa ...
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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 |
