SEALED-BID AUCTION
Sealed-Bid Auction is a kind of auction process. It is when all bidders submit sealed bids at the same time to the auctioneer. This way, no bidders know the amount of bids made by other auction participants. Naturally, the highest bidder is declared the winner except in rare cases of contention.
POPULAR TERMS
Auction
A system wherein potential buyers put competitive bids on services and assets. The service or asset in question will sell to the party who have the ...
SFAS
Statement of Financial Accounting Standards (SFAS) is a Financial Accounting Standards Board (FASB) issued document. The SFAS consists of informati ...
Enterprise-Value-to-Sales - EV/Sales
Valuation measure comparing the firm’s value and its sales. It helps investors in getting an idea of how much it would cost to purchase the c ...
Licensing Fee
Payment given to a government agency by a person or business, for the privilege of performing certain services or engaging in some line of ...
Hiccup
A term used to describe a short-term disruption within a longer-term goal, plan, or trend. A hiccup may be used to describe the business acti ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
A Guide to Your Personal Income Tax: Avoid Awful Surprises
Who loves to be surprised by the Internal Revenue Services? No one (unless it is a tax refund). The federal agency has its way of shocking taxpayer ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Buying a Home: Determining the Amount You Can Afford
You have decided to buy a house, choose the best location, and select a home suitable for you needs. It is high time to determine the amount you ca ...
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.
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | Unemployment Rate | 1 quarter | |
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 04:05 | RBA Assistant Governor Christopher Kent Speaks | ||
| 08:00 | GfK Consumer Climate | Apr | |
| 09:00 | CPI | Apr | |
| 09:00 | GDP | 1 quarter | |
| 10:00 | Private Sector Credit | Mar | |
| 10:00 | M3 Money Supply | Mar |
