UNDIVIDED PROFIT
Undivided Profit refers to earnings from current and past years, which have not been distributed as dividends to shareholders or transferred to a surplus account.
POPULAR TERMS
Golden Hammer
Over reliance on a specific instrument to perform all kinds of functions. This principle states given a particular tool to use, all seems like a su ...
Mixed Economic System
An economic system with features of both capitalism and socialism. It lets a level of private economic freedom in using capital, but also allows fo ...
Horizontal Audit
An evaluation of a given process across several departments within an organization. A horizontal audit is appropriate for activities that are simil ...
Carbon Credit
Permit issued to holder, which allows for emitting one ton of carbon dioxide. Credits are given to groups or nations that have decreased their gree ...
Net Asset Value Per Share - NAVPS
This refers to the value of a company per share, and is calculated by dividing the total net asset value of the company by the number of shares out ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Buying a Home: Getting Pre-Approved for a Mortgage
You have determined the amount needed to buy the home of your dreams. Now, figure out the amount a bank can lend you. The rationale behind this is ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | CPI | Apr | |
| 11:00 | 10-y Bond Auction | Apr | |
| 11:00 | Consumer Confidence | ||
| 14:00 | CPI | Apr | |
| 14:00 | Harmonized CPI | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 01:50 | Retail Sales | Mar | |
| 01:50 | Industrial Production | Apr |
