TAX ANTICIPATION NOTE - TAN
Short-term instrument, issued by a state or local government, to fund an immediate project to be repaid with future tax revenue. Such notes are used to borrow money, normally for one year or less and at low interest rate, to finance a capital expenditure including construction of a road or school, or purchasing a new building. Then, the government uses the tax collection the following year to repay these notes.
POPULAR TERMS
European Currency Quotation
Indirect quotation in the foreign exchange market in which the value of a foreign currency is denoted as a per-unit measure of the US dollar. It sh ...
Passbook Loan
Passbook-loans are offered to saving-account holders by the custodial bank. This type of personal load uses the balance of a holder’s saving ...
Buy Minus
Order in which a client instructs a broker to buy a stock below its current market price. Traders use buy minus order when he intends to purchase a ...
Startup Capital
Startup capital is also known as ‘seed money’. It is the money used in operating a startup business. Money may be used for permits, inv ...
Estate Tax
Tax levied on an heir’s inherited part of an estate if the value exceeds the exclusion limit set by the law. This is mostly imposed on assets ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Niche Investment Style
Over the past two years, sustainable, responsible, and impact investing (SRI) has grown significantly in the United States. Based on the US SIF Fou ...
Ethical Investing: Socially Responsible Investing
Socially responsible investors look for socially responsible companies, especially their relations with outsiders.
First and foremost, th ...
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
Principles of Trading: Introduction
Trading is an active participation in the financial markets. Those who partake in buy-and-hold investing are called traders. Also called market pla ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
10:00 | Ifo Business Climate Index | May | |
10:00 | Ifo Current Assessment | May | |
10:00 | Ifo Business Climate Index | May | |
10:00 | IFO - Expectations | May | |
10:00 | Ifo Current Assessment | May | |
10:00 | IFO - Expectations | May | |
14:59 | NBB Business Climate | May | |
14:59 | NBB Business Climate | May | |
01:01 | BRC Shop Price Index | May |