Canadian Association Of Petroleum Producers (CAPP)
What is the Canadian Association of Petroleum Producers (CAPP)? The Canadian Association of Petroleum Producers (CAPP) is a national, industry-funded organization that represents Canada's upstream oil and natural gas industry. CAPP's membership comprises companies involved in the exploration, development and production of oil and natural gas in Canada. CAPP's mandate is to promote the competitiveness of the Canadian upstream oil...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...
CDO – Collateralized Debt Obligation
What is CDO (Collateralized Debt Obligation)? Collateralized Debt Obligation or CDO is a financial product that brings together assets that can generate cash flow and repackages into ‘tranches’ that can be sold off to potential investors. The reason why this obligation is collateralized is because the assets involved such as bonds and mortgages serve as collateral. These are typically...
CAPM – Capital Asset Pricing Model
The CAPM is a model that helps in determining the price of securities keeping in view the risk an investor takes, and the return that he will get from that particular investment. Formula of CAPM The formula for calculating the Capital Asset Pricing Model is as follows: ra = rf + βa(rm – rf), where... rf = risk free...
Callable Bond
DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at some point before the bond reaches its date of maturity. In other words, on the call date, the issuer has the right, but not the obligation, to buy back the bonds from the bond holders...
Canadian Competition Act
The Competition Act is a federal law that governs competition and business practices in Canada. The act was last amended in 2009, and the government has been hinting at some potential changes to the act in the upcoming budget. This article will explore the key provisions of the Competition Act, how it is enforced by the Competition Bureau, and...
Call Rule
What is 'Call Rule' A exchange rule whereby the official bidding price for a cash commodity is competitively established at the end of each trading day and held until the opening of the exchange the following trading day. Explaining 'Call Rule' The call rule attempts to reduce overnight volatility by ensuring commodity prices begin...
Calendar Year Experience
What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period. This term is used in the insurance industry to signify an insurance company's "experience" during a calendar year, in terms of the premiums earned and the losses incurred. Losses incurred refer to claims paid out...
Calculation Agent
What is 'Calculation Agent' An entity that determines the price of an investment product such as a swap. A calculation agent calculates the value of a derivative or the amount owing from each party. The agent also establishes the price for a structured product and may act as its guarantor and issuer. The calculation agent is not...
Canceled Order
What is 'Canceled Order' 1. A previously submitted order to purchase or sell a security that is canceled before it has been executed on an exchange. 2. An order that can't be executed due to parameter limitations, such as a limit order that can't be filled because the price has moved outside of range. ...