Calcutta Stock Exchange (CAL) .CL What is 'Calcutta Stock Exchange (CAL) .CL ' The securities market in Calcutta, India. The country's second-oldest exchange began in 1908 as the Calcutta Stock Exchange Association with the trading of...
The consumer price index (CPI) is metric that denotes prices of goods and services including food items, transportation, medical care, and others used by individuals in a country during a specific time period. The metric is calculated by taking...
What is a Canadian Royalty Trust (CANROY)?
A Canadian Royalty Trust (CANROY) is a type of investment that allows investors to receive income from natural resources, such as oil and gas. CANROYs are popular with investors because they offer high...
What is 'Cancel Former Order - CFO' An order from an investor to a broker, to cancel a previously placed order that has not yet been filled. Cancel former order (CFO) is used by an investor who...
Definition
In the United States, all regulated financial institutions are obliged to file periodic financial and other information with their various regulators and other parties, as well as with the government. One of the most important reports needed to be...
Currency carry trade refers to a strategy that is used by investors to sell currencies with low interest rates and purchase currencies with a high interest rate, in order to capture the difference that exists between the rates and...
What is 'Callable Security' A security with an embedded call provision that allows the issuer to repurchase or redeem the security by a specified date. Since the holder of a callable security is exposed to the risk...
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not legal tender nor is it backed by a national government. Instead, the currency serves as...
DefinitionThe Canada Learning Bond is a grant paid by the government of Canada to assist low-income families with saving money for their children's post-secondary education. The CLB relies primarily on the National Child Benefit program to determine which families...
What is 'CalPERS' The California Public Employees' Retirement System (CalPERS), an organization that provides numerous benefits to its more than 1.6 million members, including health insurance, long-term care insurance, death benefits, mortgage program, and distribution of pension...