ABILITY TO PAY
An economic principle that states that the tax amount that an individual pays must be dependent on the degree of burden that the tax will create in relation to the wealth of an individual. The principle of ability to pay advocates that the real amount of tax to be paid isn't the only factor to be addressed, and that other issues, such as ability to pay, should also be put into consideration into a tax system.
POPULAR TERMS
Management and Employee Buyout - MEBO
A restructuring initiative that is done to privatize a public traded company, which are public. It involves both managerial and non-managerial empl ...
Back-Of-The-Envelope Calculation
A casual arithmetic calculation, usually executed on a scratch paper like an envelope. This computation utilizes projected and/or rounded amounts t ...
Prior Lien
A lien that is recorded prior to any other claims. Prior liens thus have to be paid before any other claims in the event that the collateral that i ...
Accumulating Shares
Stock given to shareholders of a company commonly added to a dividend. Stockholders don’t need to pay income tax on these shares but they sti ...
Distribution Waterfall
Ranking of distributing a private equity fund. The hierarchy sets the order the funds will be given, which may ensure several types of investors ha ...
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SEE FOREX TUTORIAL
Ethical Investing: Environmentally-Conscious Investing
Environmentalist or not, as an investor, you care so much about your surroundings. Hence, you invest in companies that can reduce their negative im ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
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 ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
A Guide to Your Personal Income Tax: Common Filing Mistakes
Failure to file the return on time is the most common mistake committed by taxpayers. Here are some of the other mistakes, which can cost you a lot ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |
