REHABILITATION TAX CREDIT
A federal tax incentive to encourage real estate developers to renovate, restore and reconstruct old buildings. Buildings placed in service before 1936 are eligible for a 10\% credit, and certified historic structures are eligible for a 20\% credit. The credit applies to the building's rehabilitation costs, but not to the cost of purchasing the building or to repairing sidewalks, parking lots and landscaping. The credit amount increases slightly if the building is also located in a specific disaster area.
POPULAR TERMS
Risk-Weighted Assets
In terms of the minimum amount of capital that is required within banks and other institutions, based on a percentage of the assets, weighted by ri ...
Pigovian Tax
A special tax that is imposed on companies that pollute the environment, which is called negative externalities. Sin tax is a Pigovian tax, which i ...
Moving Average Convergence Divergence - MACD
A trend-following indicator that exhibits the relationship between two smoothed moving averages of prices. To compute, subtract the 26-day exponent ...
Golden Life Jacket
Compensation package offered by the acquiring firm to top executives of the company being acquired. The same with stay bonus, it aims to retain tho ...
Bank Insurance Fund - BIF
Unit of the FDIC providing protections to the insurance for the banks that are not classified as a savings and loan association.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
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 ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:00 | Prelim Machine Tool Orders | Mar | |
| 10:00 | New Yuan Loans | Mar | |
| 11:00 | Retail Sales | Feb | |
| 13:00 | MPC Member Andy Haldane Speaks | ||
| 15:00 | MPC Member Silvana Tenreyro Speaks | ||
| 16:30 | Overview of business prospects, according to the Bank of Canada | 1 quarter | |
| 16:30 | Bank of Canada Interest Rate Decision | 1 quarter | |
| 19:00 | FOMC Member Eric Rosengren Speaks | ||
| 19:01 | 10-y Bond Auction | Apr |
