DefinitionA cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. Its name comes from the earliest such plans that allowed employees to choose between different...
A Chief Executive Officer (CEO) holds the top most position in a company who is responsible for overall administrative, managerial, operational, strategic and financial performance and growth of the company. The CEO makes strategic decisions, manages and allocates resources,...
What is a 'Callable Preferred Stock' A callable preferred stock is a type of preferred stock in which the issuer has the right to call in or redeem the stock at a preset price after a defined...
What is 'Call Over' When the buyer of a call option exercises the option. In options trading, the buyer of a call option can exercise his or her right to purchase or sell the underlying asset (such...
What is CMHC and what do they do
The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown corporation that provides mortgage loan insurance, mortgage-backed securities, housing policy and programs, and research to Canadian mortgage lenders and consumers. CMHC...
What is 'Called Away' A term used to describe the elimination of a contract due to the obligation of delivery. This occurs if an option is exercised, if a redeemable bond is called before maturity or if...
DefinitionHead of Household is a filing status for individual United States taxpayers. Head Of Household What is 'Head Of Household' A status held by the person in a household who is running the household and looking after...
DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of option. The buyer of the call option has the right, but not the obligation, to...
What is imperfect competition and why does it exist
Imperfect competition is a type of market structure where there are not enough buyers or sellers to allow for perfect competition. There are several reasons why imperfect competition might exist, such...
DefinitionA capital gain refers to profit that results from a sale of a capital asset, such as stock, bond or real estate, where the sale price exceeds the purchase price. The gain is the difference between a higher selling...