25% RULE
1. Concept a local government’s long-term debt should not be more than 25% of its annual budget, and any debt beyond the limit is considered excessive and may pose a potential threat because the government may encounter difficulty in paying the debt.
2. Technique for determining royalties, stating a party selling a product based on another party’s intellectual property must pay 25% of the gross profit generated from the sale before taxes. The rule is applicable to copyrights, patents, trademarks, and other kinds of intellectual property.
POPULAR TERMS
Franchise P/E
The expected value of new business opportunities available to a business. The franchise approach to evaluating a company breaks down the company ...
Emergency Banking Act of 1933
Bill enacted in response to the financially detrimental situations of the Great Depression. The measure called for a four-day mandatory shutdown of ...
Consumer Debt
Debt incurred for purchasing consumable goods or products that do not appreciate. Normally, an individual gain no benefit from possessing high leve ...
Aggregate Product Liability Limit
The total amount of money that an insurance firm will compensate during the time interval covered in the product liability insurance coverage. This ...
Delayed Rate Setting Swap
It is an exchange of cash flows wherein the one is based on a fixed interest rate and the other one is based on a floating interest rate. It will d ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
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 |