Canadian Institute Of Chartered Accountants (CICA)
What is 'Canadian Institute Of Chartered Accountants - CICA' A non-profit organization for accounting professionals in Canada. CICA has developed GAAP (generally...
Jekyll and Hyde
DefinitionStrange Case of Dr Jekyll and Mr Hyde is a gothic novella by the Scottish author Robert Louis Stevenson first published in 1886. The...
Named Perils Insurance Policy
What is 'Named Perils Insurance Policy' A home insurance policy that only provides coverage on losses incurred to your property from hazards...
Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Real Estate Operating Company (REOC)
What is ‘Real Estate Operating Company – REOC'
A company that invests in real estate and whose shares trade on a public exchange. A real...
Canadian Investor Protection Fund (CIPF)
What is 'Canadian Investor Protection Fund - CIPF' A Canadian not-for-profit organization set up by the investment industry designed to protect investors...
Quick Ratio
DefinitionIn finance, the acid-test or quick ratio or liquidity ratio measures the ability of a company to use its near cash or quick assets...