QUALIFIED TRUST
A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension, or profit-sharing plan in which the underlying beneficiary may use his or her life expectancy to determine required minimum distribution amounts. Section 401(a) of the Internal Revenue Code authorizes and sets forth the requirements for a qualified trust.
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Renegotiated Loan
A loan in which the outstanding balance is paid on terms different from the original negotiated. It is often due to the reduced financial capabilit ...
Chung Ju-yung
Founder and former President of Hyundai. He worked as a construction laborer and a clerk in a rice store before establishing Hyundai Motor Industri ...
Notice To Creditors
A notice to the creditors and debtors of an estate. The notice to creditors is typically posted in the public newspaper. The notice requests all in ...
Upside Gap Two Crows
Upside Gap Two Crows, in technical analysis, is basically reversal signal of a market that is bearish. It is a formation within three days that use ...
Order Book
An electronic list of buy and sell orders for a specific security or financial instrument, organized by price level. The order book lists the numbe ...
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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 ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Student Loans: Repaying Debts Faster
Student loans may not be paid overnight, but we want to pay it off in a fastest way possible. Is it possible?
Before anything else, one h ...
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 ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Mar | |
| 02:30 | Westpac Consumer Sentiment | May | |
| 03:30 | Monetary Policy Meeting Minutes | ||
| 05:00 | Credit Card Spending | Apr | |
| 08:00 | PPI | Apr | |
| 10:00 | Current Account (sa) | Mar | |
| 10:00 | Federal Reserve Chairperson Janet Yellen Speaks | ||
| 11:00 | Current Account (sa) | Mar | |
| 12:00 | CBI industrial order books balance | May |
