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
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...