DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money amassed through a nexus between a business class and the political class. This is done...
What is 'Caisse Populaire' A cooperative, member-owned financial institution that fulfills traditional banking roles as well as diverse activities such as lending, insurance, investment dealing. Caisses Populaires are primarily found in the province of Quebec in Canada,...
What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original issuer to repurchase and retire the bonds. If there is a call provision in place,...
What is 'Calendar Year Accounting Incurred Losses ' Calendar year accounting incurred losses is a term used in the insurance industry to describe the losses incurred by an insurance company by the payment of claims, the re-evaluation...
DefinitionIn the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed...
What is 'Call Auction' Where participants buy or sell units of a good. At a call auction, participants place orders to buy or sell units at certain buying or selling prices. Orders collected during a call auction...
What is 'Call Loan Rate'
a short-term interest rate levied by financial institutions on loans granted to broker-dealers It is the interest rate that is imposed on loans given to broker-dealers that are used to make margin loans to their...
What is 'Call Premium' Call premium is the dollar amount over the par value of a callable fixed-income debt security that is given to holders when the security is called by the issuer. Explaining 'Call...
What is the Canadian Securities Institute (CSI)?
The Canadian Securities Institute (CSI) is a not-for-profit organization that provides educational programs and professional designations to financial services professionals in Canada. CSI also offers a variety of research and publications on capital...
What is 'Canada Education Savings Grant - CESG' A grant from the Government of Canada paid directly into a beneficiary's Registered Education Savings Plan (RESP). It adds 20% to the first $2,000 in contributions made into an...