Tag: economics

What is 'Canadian Institute Of Actuaries - CIA' The Canadian Institute of Actuaries, or CIA, is an organization of the actuarial profession...

What is 'Camouflage Compensation' Compensation that is granted to upper echelon employees, directors, consultants and related parties that is not fully disclosed...

What is 'Call Privilege' The provision in a bond indenture that gives the bond issuer the option to redeem all or part...

What is a Passive ETF and how does it work A passive Exchange-Traded Fund (ETF) is a type of investment fund that aims to track...

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...

DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...

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...

DefinitionA capital gain refers to profit that results from a sale of a capital asset, such as stock, bond or real estate, where the...