SIN TAX
Sin tax is a tax sponsored by the state imposed on products and services that are perceived as unethical or vices. These vices include tobacco, alcohol, and gambling. The main goal of the sin tax is to discourage the people to avail of the products and services without having to make the products and services illegal. Over the years, sin tax proves to be a lucrative source of government earnings.
POPULAR TERMS
Digital Currency Exchanger - DCE
A market maker who exchanges one electronic currency for another. It charges a commission for this type of transaction, with transactions occur thr ...
Free Cash Flow Yield
An overall return evaluation ratio of a stock, which standardizes the free cash flow per share a company is expected to earn against its market pri ...
Benefit Expense Ratio
Metric used in health insurance. It is done by dividing a company’s cost in providing health services by revenues.
WBAG
Vienna Stock Exchange (WBAG) is an exchange located in Vienna, Austria. It facilitates around 60% of stocks being traded in the country.
Just in Time - JIT
An inventory method used by companies to raise efficiency and cut down waste by receiving goods when needed in the production process in order to t ...
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SEE FOREX TUTORIAL
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 ...
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
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.
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 ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 02:30 | ANZ Jobs Advertisements | Dec | |
| 05:05 | Trade Balance | Dec | |
| 10:00 | SECO Consumer Confidence | Dec | |
| 21:00 | Federal Budget Balance | Dec | |
| 01:30 | Westpac Consumer Sentiment | Jan | |
| 01:50 | Bank Lending | Dec | |
| 01:50 | Current Account | Nov | |
| 07:00 | Economy Watchers Survey | Dec |
