COST CENTER
Department, division, or unit within an organization responsible for providing additional funding to cover operation costs. It only contributes to a firm’s profitability indirectly. Opposite of profit center.
POPULAR TERMS
Deep Discount Broker
Someone that mediates sales between buyers and sellers in an even lower rate than those offered by regular broker. As one might expect, deep discou ...
Contingent Order
Order to be executed after executing the previous order.
Order encompassing simultaneous execution of at least two transactions. ...
Bad Debt Expense
An entry within an income statement of a business which indicates the amount of non-collectable accounts receivable which occurs within a said peri ...
Call Risk
The person who holds a callable bond will encounter a risk known as “call risk”; that the issuer of bond will gain of the c ...
Secured Debt
Secured Debt is a debt supported or secured by collateral with the purpose of reducing risk that is found in lending. An example of secured debt is ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
The Types of Stock
Now that you’ve learned the basics of stocks, what it is, and how it works, we can now learn more about them. The next thing you need to know ...
Digesting Financial Statements: System
A financial statement serves as an avenue for assimilating the overall health of a business. Let’s illustrate the four key steps in a cash-ba ...
Digesting Financial Statements: Pension Plans
Deducing on the topic we previously discussed, this tutorial now puts the spotlight on the pension fund. It is a distinct long-term obligation for ...
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 ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Retail Sales | Feb | |
| 14:30 | NY Fed Empire State manufacturing index | Mar |
