Cage

What is 'Cage' "Cage" is a slang term used to describe the department of a brokerage firm that receives and distributes physical...

Canadian Rollover Mortgage

Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...

Callable Swap

What is 'Callable Swap' An exchange of cash flows in which one counterparty makes payments based on a fixed interest rate, the...

Canary Call

What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...

Canadian Deposit Insurance Corporation (CDIC)

What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...

Call Protection

What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...
Charitable Remainder Trust

Charitable Remainder Trust

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...

Calendar Effect

DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...

Canceled Check

What is a 'Canceled Check' A canceled check is a check that has cleared the depositor's account and has been marked "canceled"...

Cost basis

DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...