Tag: covered

How Does A Home Buyer’s Warranty Work?

Home buyers' warranty companies usually offer several different home warranty plans. Homeowners can buy a home warranty when buying or selling a home. Some...

Naked Warrant

What is 'Naked Warrant' A warrant that is issued without a host bond. A naked warrant allows the holder to buy or...
naked put

Naked Put

How to Profit From Naked Puts and Call Options A naked put is an option contract in which the writer of the option does not...

Canadian Deposit Insurance Corporation (CDIC)

What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...

Call Premium

What is 'Call Premium' Call premium is the dollar amount over the par value of a callable fixed-income debt security that is...

Canada Mortgage and Housing Corporation (CMHC)

Home Ownership by Country Canada Mortgage and Housing Corporation (CMHC) What is 'Canada Mortgage and Housing Corporation - CMHC' An organization sponsored...

Called Away

What is 'Called Away' A term used to describe the elimination of a contract due to the obligation of delivery. This occurs...

Parity

What is 'Parity' Parity refers to two things being equal to each other. The term "par value" for a bond is similar...

Parity Bond

What is 'Parity Bond' Two or more bond issues with equal rights to one another. In other words, a parity bond is...

Valued Policy Law (VPL)

Valued Policy Law (VPL) What is 'Valued Policy Law - VPL' A statute that requires insurance companies to pay the full value...

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