NOMINEE INTEREST
Interest received on behalf of another. For example, in a joint account, the interest earned on a fund owned by the other person is passed onto that person, the person who has passed the interest has to fill in a form 1099-NIT to be excused from paying tax on that interest. The tax is passed to the person who has received the interest.
POPULAR TERMS
Barrel of Oil Equivalent Per Day – BOE/D
A jargon that is usually employed in conjunction with the the distribution or production of oil. An oil barrel is usually considered to have an equ ...
Composite Index of Coincident Indicators
Broad-based index measuring the current economic conditions based on four cyclical economic indicators: employees and non-agriculture payrolls, agg ...
Marshall Plan
US-sponsored economic recovery program that was designed and implemented after World War II, which aims to aid recovery efforts on European countri ...
Accumulation Bond
Also called as the accrual bonds, it means that the interest accumulates but not yet paid until its maturity.
Blow-Off Top
Chart pattern describing a steep and rapid rise in a security’s price and trading volume followed by a steep and sudden fall in its price and ...
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SEE FOREX TUTORIAL
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
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 ...
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
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 ...
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 ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
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02:01 | Rightmove House Prices | Jan | |
06:30 | Industrial Production | Nov | |
06:30 | Tertiary Industry Index | Nov | |
09:00 | PPI | Dec | |
09:30 | Producer & Import Prices | Dec | |
19:00 | President Donald Trump Speaks | ||
09:00 | Claimant Count Change | Dec | |
09:00 | Claimant Count Rate | Nov | |
09:00 | Average Earnings Index | Nov |