TAX SHIELD
Reduction of an entity’s taxable income by claiming allowable deductions, which includes mortgage interest, charitable donations, amortization, medical expenses, and depreciation. It cuts down the amount of taxes owed within a specific year or delays income taxes in the future. It varies from one country to another while the benefits depend on the individual’s overall tax rate and income for the specified tax year.
POPULAR TERMS
BIF - Burundi Franc
Currency abbreviation for the Burundi franc, the official currency of the Republic of Burundi. Presented with the symbol FBu, it is comprised of 10 ...
Marketing Campaign
Activities and efforts of the company’s marketing arm or a third party marketing firm that is designed to promote a business, product, or ser ...
Capped Fund
Mutual fund limiting the amount of operating expenses, which can be charged to shareholders annually. Limit is the ratio of total operating costs d ...
Certified Insolvency and Reorganization Accountant - CIRA
Professional certification conferred to forensic accountants. To be given this designation, one must pass the three-part board exam and obtain expe ...
Uninsurable Risk
Uninsurable Risk is a hazard or condition with a high likelihood of loss or in which the insurance would be deemed to be against the law.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Allocating and Diversifying
The assets you select to invest in will depend on numerous factors, including your risk appetite and investment timeframe. The two primary factors ...
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 ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Student Loans: Consolidating Private Loans
Fixed interest rates.
That is one viable reason for consolidating private loans although you are not mulling over that option. Private lo ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | Oct | |
| 03:30 | PPI | Oct | |
| 07:00 | Leading Indicators | Sep | |
| 09:00 | Trade Balance | Sep | |
| 11:30 | Sentix Investor Confidence | Nov | |
| 17:00 | Wholesale Inventories | Sep | |
| 01:30 | Westpac Consumer Sentiment | Nov | |
| 01:50 | Current Account | Sep | |
| 01:50 | Bank Lending | Oct |
