Tag: covid

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...

DefinitionIn finance, a calendar spread is a spread trade involving the simultaneous purchase of futures or options expiring on a particular date and the...

What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...

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

Charitable contributions deduction is a tax incentive offered to individuals that donate sums to a recognized charity. The tax deduction allows taxpayers to reduce...

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,...

DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...

What is the Canadian Association of Petroleum Producers (CAPP)? The Canadian Association of Petroleum Producers (CAPP) is a national, industry-funded organization that represents Canada's upstream...

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,...

What is 'Call Over' When the buyer of a call option exercises the option. In options trading, the buyer of a call...