Term of the day

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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Building Wealth
Building Wealth
Flashback Friday: Things to Do before Getting Married
Planning to tie the knot soon? Today’s Flashback Friday brings you some tips shared by these married couples when it comes to handling their finances.   Discuss s entiments toward money.
Investment Instruments
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Singapore Exchange
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.
Money Smart
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Taxation in Finance
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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.
For Beginners
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Glossary. The Major Forex Market Terms.
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