Tag: 2019
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...
Call Protection
What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...
Call On A Call
What is 'Call On A Call' A type of compound option in which the investor has the right to exercise a call...
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....
Canada Pension Plan (CPP)
What is the Canada Pension Plan (CPP)?
The Canada Pension Plan (CPP) is a government-sponsored retirement savings program. It is a defined benefit pension plan,...
Credit Cards
By definition, credit cards are released by financial companies that allow the customer or holder with the choice of borrowing funds, at the point...
Calgary Dollar
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...
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...
Call Privilege
What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...
Calamity Call
What is 'Calamity Call' A call feature of a Collateralized Mortgage Obligation (CMO) designed primarily to reduce the issuer's reinvestment risk. If...