What is 'Callable Swap' An exchange of cash flows in which one counterparty makes payments based on a fixed interest rate, the...
What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...
What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...
What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...
What is a Charitable Remainder Trust
A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...
DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...
What is a 'Canceled Check' A canceled check is a check that has cleared the depositor's account and has been marked "canceled"...
DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...
What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...
What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...