TAX ANTICIPATION NOTE - TAN
Short-term instrument, issued by a state or local government, to fund an immediate project to be repaid with future tax revenue. Such notes are used to borrow money, normally for one year or less and at low interest rate, to finance a capital expenditure including construction of a road or school, or purchasing a new building. Then, the government uses the tax collection the following year to repay these notes.
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Uniform Business Rate
Uniform Business Rate is a multiplier used to determine the amount of money owners of commercial and industrial properties must pay to local govern ...
Subsidy
Financial aid given by the government to individuals or groups, normally in the form of a cash payment or tax reduction. Subsidy aims to eliminate ...
Multinational Pooling
A strategy used by global companies in managing the risk of its employee benefit plans worldwide. The several employee benefit programs of a multin ...
Redeposit
This requires an individual to reinvest a specific amount of money into their retirement fund after he or she previously requested and obtained a r ...
Commercial Code
Private and public laws regulating the conduct in commerce. It governs business and commercial transactions, as well as it deals with matters on co ...
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Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
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Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
Ethical Investing: Leaving an Ethical Imprint
After selecting the rightful ethical investments and making it work, it is about to decide how to disburse your assets after you die. You have two ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Current Account (sa) | Jun | |
| 11:00 | Consumer Price Index | Jul | |
| 11:00 | Consumer Price Index Core | Jul | |
| 12:00 | Bundesbank Monthly Report | ||
| 03:30 | Monetary Policy Meeting Minutes | ||
| 08:00 | Trade Balance | Jul | |
| 08:00 | PPI | Jul | |
| 12:00 | CBI industrial order books balance | Aug | |
| 14:30 | Manufacturing Shipments | Jun |
