Tag: government
Bad Debt
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...
Back Months
What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....
Crony Capitalism
DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...
Canadian Originated Preferred Securities (COPrS)
What is 'Canadian Originated Preferred Securities - COPrS' A long-term subordinated debt instrument issued in Canada. COPrS (pronounced "coppers") are a type...
Cost basis
DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...
Canadian Rollover Mortgage
Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...
Correction
Corrections are price declines that are temporary, and interrupt the uptrend of an asset in the market. A correction can work as a precursor...
Canada Education Savings Grant (CESG)
What is 'Canada Education Savings Grant - CESG' A grant from the Government of Canada paid directly into a beneficiary's Registered Education...
Canada Learning Bond
DefinitionThe Canada Learning Bond is a grant paid by the government of Canada to assist low-income families with saving money for their children's post-secondary...
Calgary Dollar
DefinitionThe Calgary Dollar is a local currency in Calgary, Alberta, Canada. While functioning as a limited form of currency within Calgary, it is not...