Lapse
What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...
Canadian Income Trust
What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking...
Contango
DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....
Call Date
DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...
Cambrist
What is 'Cambrist' An individual who is deemed to have above-average knowledge of the foreign exchange market. A cambrist can relate to...
Call Price
What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed...
Cancellation Provision Clause
What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...
Call Market
What is a 'Call Market' A call market is a type of market in which each transaction takes place at predetermined intervals...
Canada Premium Bond (CPB)
What is 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...
Charitable Contributions Deduction
Charitable contributions deduction is a tax incentive offered to individuals that donate sums to a recognized charity. The tax deduction allows taxpayers to reduce...