QUID PRO QUO
A Latin term which means "something for something". The term is commonly used to describe an agreement between two parties, where each party offers goods or services in return for goods or services.
POPULAR TERMS
Backup Withholding
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Stroud Pound
Local, private currency used in Stroud, Gloucestershire. Launched in 2009, it is an initiative supporting and stimulating the local economy by enga ...
Phantom Income
Income paid to a taxpayer during the tax year that is not constructively received at the taxpayer's end. Phantom income is not terribly common, ...
Capital Gains Distribution
In a mutual fund, this is the payment of proceeds incited by a manager of fund’s liquidation of underlying securities and stocks. This takes ...
Market Capitalization Rule
A regulation made by New York Stock Exchange (NYSE) to determine the minimal market value of every firm. The rule states companies should maintain ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
How Much Does a Home Remodeling Cost?
If your house can handle a renovation, the next thing you need to find out is the cost of a home remodeling.
You may nee ...
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.
Starting Your Own Small Business: Choosing What You Want to Sell
Some people say that the only real way to get rich is by starting your own business. However, this is untrue; there are a lot of reasons to start y ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Retail Sales | Oct | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 10:00 | CPI | Nov | |
| 10:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 11:30 | M4 Money Supply | Oct | |
| 11:30 | Mortgage Approvals | Oct | |
| 11:30 | Net Lending to Individuals | Oct | |
| 12:00 | Consumer Confidence | Nov | |
| 15:00 | CPI | Nov |
