SMITHSONIAN AGREEMENT
The Smithsonian Agreement is the agreement that re-established an international system of fixed rates excluding the backing of gold or silver. It was established in 1971 and agreed upon by ten countries to end the Bretton Woods Agreement exchange rate system. The Smithsonian Agreement enabled the devaluation of the US dollar.
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Brokerage Supervisor
Brokerage company officer responsible for appointing, training, and managing brokers, as well as for selling the products to the brokers. The super ...
Incremental Dividend
Series of regular increases to a company’s dividend. Many huge corporations prefer to include this policy because it demonstrates the firm&rs ...
Balloon Option
An option contract wherein the strike price dramatically increases after the price of the underlying asset reaches a specified threshold. A balloon ...
Activity Center
An amalgam of activity costs related with specific processes and accounted in activity-based costing (ABC) systems. Ever activity center is identif ...
Parity
Parity is defined as:
It is a situation of equality. It may appear in many different context, but it constantly means two t ...
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Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
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.
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| Time | Country | Indices | Period |
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