GOODWILL
Intangible asset that occur for acquiring one firm by another for a premium value. The value of a firm’s brand name, good customer relations, solid customer base, patents or proprietary technology, and good employee relations represent goodwill. It is not a physical asset such as buildings or equipment and it also gives a competitive advantage. Goodwill account appears in the firm’s balance sheet.
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Mutual Exclusion Doctrine
A reciprocal agreement between federal and state and local taxing bodies that mandates mutual exclusion in taxation. The interest earned on federal ...
Stockbroker
1. Company serving as an agent on behalf of its client, charging a commission to the customer for rendering its services.
2. Agent which ...
Cascade Tax
Tax imposed on a good at every production process until it is being sold to the end user. This turnover tax has each successive transfer being taxe ...
Electronic Check
Payment form via the internet designed to perform the same function as a traditional paper check. Since it is in electronic format, it gives greate ...
KGS
Currency abbreviation for Kyrgyzstan (also called Kyrgyz Republic). A fraction of a som is a tiyin, the functional equivalent of a US cent. The pap ...
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SEE FOREX TUTORIAL
An Introduction to Insurance
Most people in the world own insurance. Insurance take a lot of forms such as medical insurance, automobile insurance, and the most common of them ...
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 ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Feb | |
| 06:30 | Industrial Production | Dec | |
| 06:30 | Tertiary Industry Index | Dec | |
| 11:00 | Trade Balance | Dec | |
| 12:00 | Current Account (sa) | Dec | |
| 13:00 | Bundesbank Monthly Report | ||
| 15:15 | Housing Starts | Jan | |
| 15:30 | Foreign Securities Purchases | Dec | |
| 16:30 | FOMC Member Patrick T. Harker Speaks |
