TAX HOME
Main residence of an individual or business location of an organization. It pertains to the city or general vicinity where his primary workplace or business is situated, regardless of the location of taxpayer’s residence. It affects his tax deductions relative to business travel. In the United States, the Internal Revenue Service considers an employee to be traveling away from home if his business obligations require him to stay away from his residence for more than one day.
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Asset Substitution Problem
A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
Cowboy Marketing
Slang term for a situation in which a firm is unaware a marketer sends massive spam emails to everyone promote the stock, instead of producing legi ...
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SEE FOREX TUTORIAL
So You Want A Job in Financial Careers: A Guide
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Choosing Your Bank
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Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
Health Savings Account: Eligibility
We discussed the fundamental information regarding HSAs. Now, we shall tackle the qualifications for opening an HSA.
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Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
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16:00 | Consumer Confidence | Apr | |
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08:00 | Public Sector Net Borrowing | Mar |