TAX BRACKET
Rate at which an individual is taxed, which is set according to income levels. Taxpayers with lower income pay lower tax rates than individuals with higher income levels. It serves as cutoff points for specified income tax rates. So if a person’s annual taxable income exceeds the specified cutoff point, he is taxed based on the next bracket.
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Assumption Clause
A mortgage contract provision that permits the seller of a home to transfer the responsibility to the buyer of the home for its existing mortgage. ...
Odd Date
Odd date is a type of due date for foreign-exchange contracts. Odd dates are neither fixed nor spot dates. They are normally unrelated and random d ...
Mismatch
Generally speaking, it is an incorrect or unsuitably match. In banking, it pertains to a situation in managing assets and liabilities. It happens w ...
Organic Reserve Replacement
It is the measure of reserves of a company by their own exploration and production, not by their purchase of reserves. When an oil company has a hi ...
Community Reinvestment Act - CRA
Act encouraging depository institutions to help meet credit needs of the community, specifically low and moderate income neighborhoods. Enacted in ...
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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.
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.
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
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 |
|---|---|---|---|
| 07:00 | Leading Indicators | Jan | |
| 10:00 | Ifo Business Climate Index | Mar | |
| 10:00 | Ifo Current Assessment | Mar | |
| 10:00 | IFO - Expectations | Mar | |
| 10:00 | M3 Money Supply | Feb | |
| 10:00 | Private Sector Credit | Feb | |
| 12:00 | CBI retail sales volume balance | Mar | |
| 01:01 | BRC Shop Price Index | Mar | |
| 02:30 | Retail Sales | Feb |
