SHOESTRING
Shoestring is a slang term in the financial industry. It is used to characterize an amount of money that is insufficient for its purpose. It is used in idioms. For example, "Jane goes to school with shoe string budget".
POPULAR TERMS
Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
POPULAR ARTICLE
SEE FOREX TUTORIAL
Renovate or Move?
You have a well-furnished home with a garden full of flowers and plants. Imagine sharing your beautiful abode, which has four bedrooms, a kitchen, ...
A Guide to Your Personal Income Tax: Papers
Documentation is the most significant part of taxation. If you do not properly account your income and expenses, chances are you will likely miss o ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Digesting Financial Statements: Long-Lasting Liabilities
Long-lived liabilities refer to obligations which are due more than a year. Some examples of long-term debt include convertible bond and capital le ...
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 ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:01 | Rightmove House Prices | Dec | |
02:30 | PMI Manufacturing | Dec | |
02:30 | Tertiary Industry Index | Dec | |
02:30 | PMI Composite | Dec | |
04:00 | Fixed Asset Investment | Nov | |
04:00 | Industrial production | Nov | |
04:00 | Retail Sales | Nov | |
04:00 | Unemployment Rate | Nov | |
04:00 | NBS Press Conference |