SCRAP PAPER
Scrap Paper are stock certificates that no longer have worth. A company that goes bankrupt usually, in most situations, will have the value of the equity of the shareholders reach zero. The shareholders who hold physical stock certificates will just have another worthless paper in their hands hence the term "scrap paper".
POPULAR TERMS
Life Income Plan
A philanthropic investment strategy by which the property or cash is transferred into a pooled income fund and the receiving beneficiary, usually a ...
Soft Patch
Soft patch is a time period in a large trend of economic growth where the growth is generally slowed. Soft patch is typically used to refer to a pe ...
Nouriel Roubini
Roubini is economist best known for his prediction of the 2008 financial crisis. He is an economics professor at New York University, a research as ...
Daily Trading Limit
It is the gain or loss in a contract. This can be an option and future contracts that is only allowed in a trading day session. Limits are imposed ...
Form 706-GS-D
A form issued by the IRS used to calculate taxes due on trust distributions subject to a generation-skipping tax. It is used by a taxpayer who rece ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Closing the Deal
It’s almost done! With just a few steps away, the house that you have been dreaming of will be yours.
Macroeconomics: Basic Concepts
The concepts involved in macroeconomics focus on three fields, including national output and income, unemployment, and inflation and deflation. The ...
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |


