Tag: business

What is 'Canadian Depository For Securities Limited - CDS' Canada's national securities depository, clearing and settlement hub. The Canadian Depository for Securities...

What is 'Cancellation' A cancellation is a notice made by a broker, to his client, informing him an erroneous trade was made and is being...

DefinitionA payday loan is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are...

What is 'Pass-Through Security' A pass-through security is a pool of fixed-income securities backed by a package of assets. A servicing intermediary...

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

What is passive income and why should you care Passive income is a type of income that does not require active work to earn. This...

Partnerships are a great way to pool resources and expertise in order to achieve a common goal. By working together, partners can share the...

What does 'Past Due' mean Past due is a loan payment that has not been made as of its due date. A borrower who is...

DefinitionA capital gains tax is a tax on capital gains, the profit realized on the sale of a non-inventory asset that was greater than...

What is imperfect competition and why does it exist Imperfect competition is a type of market structure where there are not enough buyers or sellers...