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...

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...

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...

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 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 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...