ACTUARIAL GAIN OR LOSS
Loss or gain coming from the difference between the estimates and actual experience in the pension plan of a company. The actuarial gains and losses are employed when pension plans are accounted for due to the need of creating assumptions about the length of employee tenure, future rate of salary increases, the expected rate of return plan assets and appropriate discount rate for the plan obligations.
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MSCI BRIC Index
An index which measures the equity market performance of the emerging market indexes of Brazil, China, India, and Russia. One of MSCI's Regiona ...
Stock Market Crash
Rapid and precipitous decline in stock prices or economic conditions, which can be the result of collapse of long-term speculative bubble, economic ...
Overhead Ratio
A comparison of operating expenses and total income that is not directly related to the production of a good or service. A firm's operating exp ...
European Financial Stablisation Mechanism - EFSM
Permanent fund created to provide financial assistance to EU member states in times of financial difficulties. In essence, it generates money throu ...
Alston D. Correll
CEO and chairman of Georgia Pacific, an ATlanta based paper and building material manufacturers. He joined the company in 1988 and become the COO a ...
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| 08:00 | Economy Watchers Survey | Feb | |
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| 10:00 | SECO Consumer Confidence | Feb |
