PROMOTIONAL BUDGET
A specific amount of money set aside to promote the products of a company. Promotional budgets are created to anticipate the essential costs associated with growing a business or maintaining a brand name. The budget is often set according to a percentage of sales or profits in order to maintain the intended growth rate.
POPULAR TERMS
Unilateral Contract
Unilateral Contract is a legally enforceable agreement between legally competent parties to do or refrain from doing a particular act or acts.
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Circular Flow of Income
Neoclassical economic model describing how money circulates throughout an economy, between individuals and businesses. In simplest terms, the econo ...
Menu Costs
An economic term used to denote the fees incurred by businesses in updating its menu or price sheet. How expensive it is to change prices depends o ...
Non-Operating Expense
Expenses incurred by activities that are not related to the main operations of a business.
Underwriting Standard
Underwriting Standard is a set of rules designed to ensure that only safe and secure loans are being issued or maintained.
POPULAR ARTICLE
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An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
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A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
A Guide to Becoming a Finance Expert
Wouldn’t it be nice not having to rely on another person when managing your funds? Aside from the added convenience it brings, being able to ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:01 | BRC Retail Sales Monitor | Sep | |
| 01:50 | Bank Lending | Sep | |
| 01:50 | Domestic Corporate Goods Price Index | Sep | |
| 02:30 | NAB Business Confidence | Sep | |
| 02:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | CPI | Sep | |
| 08:00 | Harmonized CPI | Sep | |
| 12:00 | NFIB Small Business Index | Sep | |
| 16:00 | Existing Home Sales | Sep |


