Tag: billion

What is bad debt and how does it affect your credit score Most people are familiar with the term "bad debt." Generally, bad debt is...

What are 'Balance Sheet Reserves' Balance sheet reserves refer to the amount expressed as a liability on the insurance company's balance sheet...

Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...

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,...

What is 'CalPERS' The California Public Employees' Retirement System (CalPERS), an organization that provides numerous benefits to its more than 1.6 million...

What is 'Cabinet Crowd' Members of the NYSE who typically trade in inactive bonds. The cabinet crowd is made up of a...

Home Ownership by Country Canada Mortgage and Housing Corporation (CMHC) What is 'Canada Mortgage and Housing Corporation - CMHC' An organization sponsored...

DefinitionThe Paris Club is a group of officials from major creditor countries whose role is to find coordinated and sustainable solutions to the payment...

What are pari-mutuel revenues and how are they generated Pari-mutuel revenues are a type of betting where the total payouts are calculated based on the...

What is 'Parity Bond' Two or more bond issues with equal rights to one another. In other words, a parity bond is...