Cancellation Of Debt (COD)
What is Cancellation of Debt (COD)? Cancellation of debt (COD) is the forgiveness of debt. This can occur when a lender agrees to cancel all or part of a borrower's debt. COD can also happen when a borrower cannot repay a debt and the lender writes it off as uncollectible. In either case, the borrower is relieved of the obligation...
Canadian Securities Administrators (CSA)
What is 'Canadian Securities Administrators - CSA' A collective forum composed of all the provincial and territorial securities regulators of Canada. The CSA's main goal is to collaborate on the creation and harmonization of securities regulations across Canada. In addition to its regulation-related functions, the organization seeks to better educate the public on all aspects of the...
Camouflage Compensation
What is 'Camouflage Compensation' Compensation that is granted to upper echelon employees, directors, consultants and related parties that is not fully disclosed in mandatory company filings. In some cases of camouflage compensation, the compensation is fully disclosed, but in such a way that it is very difficult for the average investor to decipher the true value of...
Canadian Institute Of Actuaries (CIA)
What is 'Canadian Institute Of Actuaries - CIA' The Canadian Institute of Actuaries, or CIA, is an organization of the actuarial profession in Canada. The CIA's vision is to for actuaries to be recognized as the leading professionals in the financial modeling and risk management fields. It is the Canadian version of the AmericanAcademy of Actuaries. ...
Cafeteria Plan
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 types of benefits, similar to the ability of a customer to choose among available items in a cafeteria. Qualified cafeteria...
CEO – Chief Executive Officer
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, and charts future direction of a company. In big companies, a CEO is answerable to the board of directors and...
Callable Preferred Stock
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 date. The terms of a callable preferred stock issue, such as the call price, the date after which it can...
Call Over
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 as a stock) at the exercise price or strike price. Explaining 'Call Over' Buyers of options can...
Canadian Mortgage and Housing Corporation (CMHC)
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 is the largest provider of residential mortgage loan insurance in Canada. In addition to mortgage loan insurance, CMHC also provides...
Called Away
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 a short position held in a security requires delivery. Explaining 'Called Away' For example, if an investor...