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.
POPULAR TERMS
Eighthed
Colloquial term pertaining to a trader undercutting or outbidding another’s ask or bid by an eighth. The term has a derogatory connotation si ...
Cash Discount
Incentive a seller offers to a buyer in exchange for paying a bill prior to the scheduled due date. Normally, the seller will reduce the amount owe ...
Forfaiting
The purchasing of receivables of an exporter (the amount importers owe the exporter) at a discount by paying cash. The forfaiter, the purchaser of ...
Pooled Funds
These are funds from different investors that are combined for the purpose of investment, as in the case of a mutual or pension fund. Investors in ...
Flexible Spending Account - FSA
FSA is a savings account offered in the U.S. that provides its account holders specific tax benefits. FSA lets employees to contribution a portion ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Earnings
For assessing how a company performed in a given period, the relation between income and cash flow statements should be taken into account. Several ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Jan | |
| 06:30 | Industrial Production | Nov | |
| 09:00 | PPI | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 05:00 | BoJ MPC Interest Rate Announcement | Jan | |
| 05:00 | Monetary Policy Meeting Minutes | ||
| 05:00 | BOJ Outlook Report | ||
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Trade Balance | Dec |
