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The completion of a one-year, or 12-month, accounting period. A firm's fiscal year-end does not necessarily need to fall on December 31, and can actually fall on any day throughout the year.
Weekly technical summary of the major U.S. indexes.
Reverse culture shock is a phenomenon that can occur after a person who has lived overseas for an extended period returns home.
A clean-up requirement is a stipulation that is a way for lenders to ensure borrowers who use revolving lines of credit pay their debts.
An estimate known as the national savings rate gauges the amount of income left after subtracting consumption.
A cash bonus is a lump sum of money, typically awarded as in incentive for an employee's superior performance.
An active partner is an invested person that takes on duties that regularly involve them in the daily operations of a partnership.