BRANCH ACCOUNTING
Accounting system maintaining separate accounts for every branch of a corporation or organization. It aims to improve accountability and control because profitability and efficiency can be monitored at branch level.
POPULAR TERMS
Discount Rate
The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve Bank’s discount w ...
Foreign Fund
A fund that invests in companies outside the country of residence of an investor.
Stare Decisis
Stare decisis is Latin for “to stand by that which is decided” that is used as a legal principle to restrict courts from ignoring the s ...
Advance Commitment
An agreement or promise to conduct a future action. For example, a buyer who promises to purchase a good with a predetermined price is considered a ...
Operational Target
This refers to the kind of change to the supply of money that is specified by the Federal Reserve. Usually, the chairman of Fed reports these targe ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Principles of Trading: Automating Strategies
An automated trading system basically lets a computer to do the work of a trader by setting certain rules for entering and exiting trades. That com ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Buying a Home: Getting Into the Escrow Process
You write an offer and the seller accepts it. Deal closed. It is about time to go through the escrow process. Why does a buyer need to undergo this ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Mar | |
| 02:00 | ANZ Business Confidence | Mar | |
| 02:30 | Private Sector Credit | Feb | |
| 03:30 | PMI Manufacturing | Mar | |
| 03:30 | Non-Manufacturing PMI | Mar | |
| 07:00 | Housing Starts | Feb | |
| 08:00 | Retail Sales | Feb | |
| 08:00 | Import Price Index | Feb | |
| 10:30 | Mortgage Approvals | Feb |
