SUNK COST
Money that has been already been spent and cannot be recovered. These are previous opportunity costs that are partly or totally irrevocable, and must be considered irrelevant in future decision making.
POPULAR TERMS
Confusion of Goods
Mixture of similar products or properties of two or more parties, to the extent where identifying each party’s respective items is not possib ...
Privatizing Profits And Socializing Losses
A phrase which describes how businesses and individuals can successfully benefit from any and all profits related to their line of business, but av ...
Trial Balance
Bookkeeping worksheet accounting all debit and credit balances at the end of each reporting period. A firm prepares this worksheet monthly to ensur ...
Help-Wanted Index - HWI
The U.S. job market index, published monthly by the Conference Board that monitors the number of help wanted advertisements in major newspapers acr ...
Certified Financial Divorce Practitioner - CFDP
Professional designation awarded to individuals expert in the financial aspects of divorce. The practitioner explains the financial indications of ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
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 ...
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.
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
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 ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
08:30 | Producer & Import Prices | Aug | |
10:00 | Gross Domestic Product | Aug | |
11:00 | Trade Balance | Jul | |
11:00 | Current Account (sa) | Jul | |
14:30 | Manufacturing Shipments | Jul | |
14:30 | NY Fed Empire State manufacturing index | Sep | |
06:30 | Tertiary Industry Index | Jul | |
11:00 | ZEW Survey (Econ. Sentiment) | Sep | |
11:00 | ZEW Economic Sentiment | Sep |