LEASEHOLD IMPROVEMENT
A physical improvement made in a leased asset in order to customize it for the particular needs of a tenant. Leasehold improvements can either be done by landlords or by tenants to increase the marketability of the asset. Changing the flooring, installing partitions, painting, and putting in customized light fixtures are some examples of leasehold improvement.
The undertaken leasehold improvements can revert to the lessor at the end of the lease period, as long as it is stipulated in the agreement. Also called tenant improvements.
POPULAR TERMS
Lobby
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
Douglas Amendment
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the ru ...
Lilly Ledbetter Fair Pay Act
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, ...
Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Steps to Take before April 15
Taxpayers, remember these two dates when filing your tax return: December 31 and April 15. We have previously discussed what to do before the year ...
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 ...
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: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Digesting Financial Statements: Long-Lasting Assets
Long-lived assets, also known as non-current assets, is any asset a company expects to keep for at least one year. Such assets are expected to boos ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:30 | PMI Manufacturing | Dec | |
10:00 | KOF Economic Barometer | Dec | |
10:00 | CPI | Dec | |
16:45 | Chicago Purchasing Managers Index | Dec | |
17:00 | Pending Home Sales | Nov | |
03:30 | PMI Manufacturing | Dec | |
03:30 | Non-Manufacturing PMI | Dec | |
16:00 | House Price Index | Oct | |
03:45 | Markit Final Manufacturing PMI | Dec |