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.
Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
Pointers for Winning Wealthy Yuppies
Young, wealthy yuppies belong to a generation that adores technology in a sense they cannot live without the advancement we experience today. Finan ...
Truth behind Low-Rate Mortgage – and How to Avoid it
Most first time homebuyers believe the best way to choose a lender is to pick an institution that offers the lowest interest rate. This will affect ...
Bid Farewell to Old Investing Myths
Imagine you are a police investigating a crime scene. You are depending only on hearsays to write a report about the progress and results of the in ...
Picking the Right Bond
An investment portfolio is not complete without bonds. If you are in (or close to) the asset drawdown or want to preserve your capital, bonds can p ...
Things to Ask When Finding a Financial Guru
Finding a financial advisor is a crucial process. Essentially, you are allowing them to manage your finances and attain your goals on your behalf. ...
SEE FOREX TUTORIAL
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
Inflation is the sustained increase in the overall level of products and services in an economy over a particular time period. Expressed as percent ...
Principles of Trading: Charting
Where can you see market movements? Charts. Thanks to technology, traders can view as many market information as they can in one go. But not all ch ...
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|16:50||FOMC Member Raphael W. Bostic Speaks|
|02:30||Tertiary Industry Index||May|
|07:00||BOJ Core CPI||Apr|
|08:00||Public Sector Net Borrowing||Apr|