MUTUAL EXCLUSION DOCTRINE
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal debt is tax-free at the state or local level. Also, any debt released by a state or local government is free from federal taxation.
POPULAR TERMS
Applicable Federal Rate
AFR is a collection of rates that is published monthly for the purposes of computing federal income by the Internal Revenue Services. These rates a ...
Accommodation Endorser
It is a person or an entity that agrees to back the obligations of another person or a party to allow the latter to get more credit for which on th ...
Depression
It is the lowest point in an economic cycle characterized by mass unemployment, fallings prices, reduced purchasing power, falling wages, and exces ...
Green Monday
Second Monday in December, one of the most gainful days for retail firms. It is a known shopping day for last-minute holiday shoppers. Shopping.com ...
Shai Agassi
Shai Agassi is the founder of Top Tier Software and former President of SAP AG’s products and technology group. He is an entrepreneur from Is ...
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SEE FOREX TUTORIAL
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
