MEDICARE CATASTROPHIC COVERAGE ACT OF 1988 - MCCA
A government bill designed to enhance immediate healthcare benefits for the elderly and disabled, to be phased in from 1989 to 1993. It was intended to enlarge its benefits in order to accommodate outpatient drugs and limit enrollees' copayments for covered services. This was the first bill that significantly expanded the benefits since the program's implementation.
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Single-Country Fund
Single-country fund is also referred to as ‘country fund’. It is a mutual fund which restricts the investments in it to the one country ...
Gazelle Company
High-growth firm increasing its revenues by at least 20% annually for four years or more, starting from at least $1 million revenue. The growth rat ...
Forward Looking
A business term for predictions about future business conditions. Stockholders ask the company management about what they believe will happen in th ...
High Earners, Not Rich Yet - HENRYs
A word coined in a 2003 Fortune Magazine article that refers to a segment of families who earn between $250,000 and $500,000, but have not much lef ...
Deferred Charge
A prepaid expense that is treated as an asset on a balance sheet and is carried forward until it is actually used. Deferred charges often stem from ...
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SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Student Loans: Loan Repayment
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 ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
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.
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | Rightmove House Prices | Jul | |
| 04:00 | Real GDP | 2 quarter | |
| 04:00 | Real GDP (YTD) | 2 quarter | |
| 04:00 | Industrial production | Jun | |
| 04:00 | Fixed Asset Investment | Jun | |
| 04:00 | Retail Sales | Jun | |
| 04:00 | NBS Press Conference | ||
| 04:00 | Unemployment Rate | Jun | |
| 10:00 | Trade Balance | May |
