MEDICAL EXPENSES
Any amount accumulated in preventing or treating an injury or disease. It includes health and dental insurance premiums, doctor and hospital check-ups, co-pays, prescription and over-the-counter medicines, glasses and contact lenses, and crutches and wheelchairs, among others. The expenses which are not reimbursed are to be subtracted within some limits. Furthermore, only itemized expenses above 7.5% of the individual’s adjusted gross income can be deducted.
POPULAR TERMS
BWP - Botswana Pula
Currency abbreviation for the Botswana Pula, the official currency of the Republic of Botswana. Presented with the symbol P, the currency is subdiv ...
Usury Rate
Usury Rate is the rate of interest that typically is unreasonably higher than the current market rates. Usury rate are most likely to be found in t ...
Hypermarket
Hypermarket is a combination of a department store and a grocery supermarket. A hypermarket offers various products like clothing, groceries, and a ...
Intermarket Trading System - ITS
An electronic computer system that connects the trading floors of all the main equity US exchanged. Essentially, the system allows any broker or ma ...
Global Industry Classification Standard - GICS
Standardized classification system for equities developed by Morgan Stanley Capital International (MSCI) and Standard & Poor's. The industr ...
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SEE FOREX TUTORIAL
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
An Introduction to MetaTrader 4 and MetaTrader 5
Metatrader 4 (MT4)
Metatrader 4 (MT4) is a prominent trading platform among online brokerage firms developed by MetaQuot ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
Buying a Home: Finding the Best House
Nothing can stop you from looking for the home of your dreams. Even though you have no agent, you can do your own diligence. Drive around neighborh ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 07:00 | BOJ Core CPI | Jun | |
| 16:00 | Existing Home Sales | Jun | |
| 16:00 | Richmond Fed Manufacturing Index | Jul | |
| 16:00 | Consumer Confidence | Jul | |
| 02:30 | PMI Manufacturing | Jul | |
| 02:30 | Tertiary Industry Index | Jul | |
| 02:30 | PMI Composite | Jul | |
| 08:00 | GfK Consumer Climate | Aug |
