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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Accrual Rate
An accrual rate is measured from an independent market index, with a margin,and has a fixed loan origination. It is also the rate of an interest th ...
Monetarism
School of economic thought based on the belief the inflation leans on how much money the government issues. It is nearly associated with Nobel-Laur ...
Auditing Standards Board - ASB
AICPA's (American Institute of Certified Public Accountants) senior technical committee for quality control, attestation, and auditing. The Aud ...
Clean Bill of Lading
Bill of lading the carrier issued stating the products have been received without any damage or shortfall. The product carrier will issue a clean b ...
Options
A fence or collar is an option strategy that establishes a trading band around a security or commodity, generally to protect profits. One form of a ...
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SEE FOREX TUTORIAL
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 ...
How Do You Intend to Live?
How do you want to live?
You are no longer happy with the current state of your home. So you are mulling the idea of moving out or remode ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Dec | |
| 09:00 | Wholesale Price Index | Dec | |
| 11:00 | Retail Sales | Nov | |
| 11:30 | GDP | Nov | |
| 11:30 | Industrial Production | Nov | |
| 11:30 | Manufacturing Production | Nov | |
| 11:30 | Visible Trade Balance | Nov | |
| 11:30 | Construction Output | Nov | |
| 11:30 | Index of Services | Nov |
