Term of the day
Certificate issued by bank, guaranteeing the securities underlying an option contract are on deposit and ready for delivery should the option be exercised.
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Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Local, private currency used in Stroud, Gloucestershire. Launched in 2009, it is an initiative supporting and stimulating the local economy by enga ...
Income paid to a taxpayer during the tax year that is not constructively received at the taxpayer's end. Phantom income is not terribly common, ...
Capital Gains Distribution
In a mutual fund, this is the payment of proceeds incited by a manager of fund’s liquidation of underlying securities and stocks. This takes ...
Market Capitalization Rule
A regulation made by New York Stock Exchange (NYSE) to determine the minimal market value of every firm. The rule states companies should maintain ...
The Five Important Economic Concepts Everyone Must Know
If you believe economics has little to do with you, think again. Learning the fundamentals of economics may not be that important to you, but it can affect our lives in one way or another because e conomics is about what we choose and how we make them.
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
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