PHANTOM STOCK PLAN
A benefit plan that gives employees the benefits of stock ownership without really giving them any company stock. It is also known as "shadow stock."
POPULAR TERMS
Total Tax
Total amount owed by a taxpayer in a given year, accounting all credit and deductions but not the tax payments made during the year. It is then com ...
Glide Path
Formula determining the asset allocation mix of a target date fund, according to the number of years to that fund. It forms an asset allocation whi ...
Service Charge
Service Charge is a kind of fee included in a primary product or service purchased for the payment on a service provided with the purchase. A commo ...
Default Risk
The event in which companies or individuals will be unable to make the required payments on their debt obligations. Lenders and investors are expos ...
Day Cycle
The time period allotted for the delivery of Automated Clearing House debits and credits from an originator to its processor. Typical hours are bet ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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 ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 11:30 | High Street Lending | Dec | |
| 16:00 | Leading indicators | Dec | |
| 16:30 | FOMC Member John C. Williams Speaks | ||
| 17:00 | New Home Sales | Dec | |
| 19:00 | ECB's Yves Mersch Speaks | ||
| 01:50 | Corporate Service Price Index | Dec |
