Term of the day
Bank Restriction Act of 1797
Act freeing the Bank of England from exchanging banknotes and other financial claims for gold. Passed by the British government in 1797, the legislation responded to the flood of paper money the UK government issued, which led ...
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Babcock Graduate School of Management
It is the Wake Forest University’s business school. Its enrollment is almost 500 students. It offers various graduate degree programs coverin ...
A type of mutual fund with a balanced load. These type of share have small back-end loads that are usually around 1% and there is a possibility for ...
Working Capital Management
Working Capital Management is a managerial accounting strategy that focuses on keeping sufficient levels of the components of working capital, curr ...
Advanced benefits employees receive as they increase the tenure of their service to an employer. Federal law requires a vesting schedule for the em ...
Phantom Stock Plan
A benefit plan that gives employees the benefits of stock ownership without really giving them any company stock. It is also known as “shadow ...
Singapore Exchange Limited also called as SGX is an investment holding company based in Singapore and offers various services associated with derivatives and securities trading and others. Singapor e Exchange is affiliated to the Oceanian and Asian Stock Exchanges Federation and the World Federation of Exchanges.
Taxation in Finance
Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
|02:30||Tertiary Industry Index||Sep|
|07:35||BOJ Governor Haruhiko Kuroda Speaks|
|10:00||Ifo Business Climate Index||Sep|
|10:00||Ifo Current Assessment||Sep|
|10:00||IFO - Expectations||Sep|
|15:00||NBB Business Climate||Sep|
|18:00||FOMC Member Raphael W. Bostic Speaks|