TESTAMENTARY TRUST
Legal and fiduciary relationship created through the instructions stated in a deceased’s will. The trust takes effect upon the grantor’s death. An irrevocable trust, it is used to transfer assets to an inheritor, but will be given until a given time.
POPULAR TERMS
IRS Publication 971: Innocent Spouse Relief
A document that outlines three classifications of tax liability relief that is available to married couples or former spouses who submitted joint i ...
Trading Account
1. Account created for holding cash and securities, which is managed by an investment dealer.
2. Account in a financial institution that ...
Big Five Banks
This is a reference used in Canada. This is used for the five largest bank in Canada which are The Bank of Montereal, The Bank of Nova Scotia, The ...
Regulation L
Regulation L prohibits specific types of interlocking arrangements with directors for member banks and their respective holding companies.
American Jobs Creation Act of 2004
Designed for multinational corporations, domestic manufacturers and other entities, as well as energy sector and the agriculture. It has 270 provis ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
An Introduction to Forex
The foreign exchange market or forex is the largest financial market in the world. It is where the monetary currencies of countries are traded. Thi ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
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 ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | GDP | 3 quarter | |
| 09:00 | Current Account | 3 quarter | |
| 09:00 | Business Investment | 3 quarter | |
| 09:00 | Import Price Index | Nov | |
| 10:00 | GDP | 3 quarter | |
| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
| 15:30 | Raw Materials Price Index | Nov | |
| 15:30 | Durable Goods Orders | Nov |
