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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...
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...
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...
Unbiased Predictor
What is 'Unbiased Predictor' The notion that the current market price of a physical commodity (its cash price or currency) will be...
Idle Funds
What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...
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...
Index
An index is a statistical term that refers to changes in representative data points over a certain time period. The term can be applied...
Rally
What is a 'Rally' A rally is a period of sustained increases in the prices of stocks, bonds or indexes. This type...
U.S. Treasury
What is the U.S. Treasury
The United States Department of the Treasury is the national treasury of the United States federal government. It was established...
Offshore Mutual Fund
What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...