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Government Tax Revenue: A Comprehensive Overview

It is quite an undertaking to calculate how much money the government collects in taxes because the many avenues of tax revenue go well beyond just income taxesIncome Tax PayableIncome tax payable is
Understanding How Banks Generate Revenue: A Comprehensive Guide

Diversified banks make money in a variety of different ways; however, at the core, banks are considered lendersLenderA lender is defined as a business or financial institution that extends credit to c
Hospitality REITs: Investing in Hotels & Travel Real Estate

A hospitality REIT is a real estate investment trust that owns, acquires, and manages hotels, motels, luxury resorts, and business-class hotels, and leases out space in the properties to guests. Hospi
Understanding Horizontal Equity in Taxation

Horizontal equity is an economic theory that is used to assess the fairness of tax burden across a population. The theoretical underpinning of horizontal equity is that the amount of taxes paid should
Horizontal Analysis: Understanding Financial Trends & Growth

Horizontal analysis is an approach used to analyze financial statements by comparing specific financial information for a certain accounting period with information from other periods. Analysts use su
Hope Credit: Understanding Your Post-Secondary Education Tax Credit

The Hope Credit is one of the lifetime education tax credits in the U.S. that provides financial assistance to taxpayers or their children who are pursuing post-secondary education. The creation of th
Hong Kong Monetary Authority (HKMA): Role & Function

The Hong Kong Monetary Authority (HKMA) is a government entity that was founded on April 1, 1993 as the de facto central bank and Hong Kong’s currency board. HKMA was established following the m
Hong Kong Dollar (HKD): Currency Overview & Key Facts

The Hong Kong Dollar refers to Hong Kong’s national currency and is represented by the ISO code HKD and symbol HK$. It is also used as an alternate currency in Macau, where it circulates along w
HELOC: Understanding Home Equity Lines of Credit

A Home Equity Line of Credit (HELOC) is a line of creditBank LineA bank line or a line of credit (LOC) is a kind of financing that is extended to an individual, corporation, or government entity, by a
Home Banking: A Comprehensive Guide to Online & Phone Banking

Home banking refers to banking services that can be accessed from home, either through the internet or by phone. Often referred to as online banking, most banks offer digital services that allow custo
Understanding Holdover Checks: What They Are & Why They Happen

When you receive a check, you deposit it with a bank to transfer it to your account. From the time it is deposited to the time it is transferred to the account, it is a holdover check. Checks are the
Understanding the Hockey Stick Effect: Causes & Implications

The hockey stick effect is characterized by a sharp rise or fall of data points after a long flat period. It is illustrated using the graphical shape of a line chart that resembles a hockey stick. The
HM Revenue & Customs (HMRC): Your Guide to UK Taxes

The HM Revenue and Customs (HMRC) is a department of the United Kingdom responsible primarily for regulating taxes, wagesRemunerationRemuneration is any type of compensation or payment that an individ
Understanding High Street Banks: Your Guide to Retail Banking

High street banks are large retail banks that offer daily banking services (e.g. deposit and checking accountsChecking AccountA checking account is a type of deposit account that individuals open at f
Understanding High Net Worth Individuals (HNWIs): Definition & Affluent Investors

A high net worth individual (HNWI) refers to an individual with a net worth of a minimum of $1,000,000 in highly liquid assets, such as cash and cash equivalentsCash EquivalentsCash and cash equivalen
High-Low Method vs. Regression Analysis: Revenue Forecasting Explained

The high low method and regression analysisForecasting MethodsTop Forecasting Methods. In this article, we will explain four types of revenue forecasting methods that financial analysts use to predict
Trinidad and Tobago Heritage and Stabilization Fund (HSF): An Overview

Heritage and Stabilization Fund (HSF) is a sovereign wealth fund established by the Republic of Trinidad and Tobago. Founded in 2007, HSF was established to reinvest excess capital resulting from expo
Herfindahl-Hirschman Index (HHI): Understanding Market Concentration

The Herfindahl-Hirschman Index is an index that measures the market concentration of an industry. A highly concentrated industry is one where only a few players in the industry hold a large perce
Hedge Fund Strategies: A Comprehensive Guide for Investors

In this article, we will explore the main hedge fund strategies. But first, what is a hedge fund?A hedge fund is an investment fund created by accredited individuals and institutional investors for th
Hedge Clause Explained: Protecting Financial Reports & Authors

A hedge clause is a clause found in financial reports and documents. Its purpose is to protect the author of financial reports and financial documents from any risk or liability that can arise from er

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