Tag: firms
National Registration Database (NRD)
What is 'National Registration Database - NRD' A Canadian database, launched in 2003 to replace the old paper form system, that allows...
Junk Bond
A non-investment grade or high yield bond is referred to as a junk bond. As the name suggests, these bonds have a credit rating...
Weighted Average Cost Of Capital – WACC
DefinitionThe weighted average cost of capital is the rate that a company is expected to pay on average to all its security holders to...
Canadian Investor Protection Fund (CIPF)
What is 'Canadian Investor Protection Fund - CIPF' A Canadian not-for-profit organization set up by the investment industry designed to protect investors...
Quant Fund
What is 'Quant Fund' An investment fund that selects securities based on quantitative analysis. In a quant fund, the managers build computer-based...
Laggard
What is 'Laggard' A stock or security that is underperforming. A laggard will have lower-than-average returns compared to the market. A laggard...
Late-Day Trading
What is 'Late-Day Trading' An unethical (if not illegal) practice of a hedge fund purchasing and then selling securities (usually shares of...
Economic Efficiency
DefinitionEconomic efficiency is, roughly speaking, a situation in which nothing can be improved without something else being hurt. Depending on the context, it is...
Economic Derivative
What is an 'Economic Derivative' An economic derivative is a relatively new form of derivative contract (the first ones were traded in...
Earnings Announcement
What is 'Earnings Announcement' Earnings announcement is an official public statement of a company's profitability for a specific time period, typically a...