Tag: investment
Canada Premium Bond (CPB)
What is 'Canada Premium Bond - CPB' A debt instrument issued by the Bank of Canada that offers a higher interest rate...
Canadian Income Trust
What is 'Canadian Income Trust' A type of corporate structure as designated by the Canada Revenue Agency that operates as a profit-seeking...
Standard Deviation
In mathematics, standard deviation is the degree of the dispersion from a set of data’s mean. The SD is higher when the data is...
Backspread
A backspread is a type of options spread in which the trader holds more long positions than short positions. This strategy can be used...
Back Months
What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....
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...
Canadian Derivatives Clearing Corporation (CDCC)
What is 'Canadian Derivatives Clearing Corporation - CDCC' The central clearing counterparty for exchange-traded derivative products, such as options and futures, in...
Callable Swap
What is 'Callable Swap' An exchange of cash flows in which one counterparty makes payments based on a fixed interest rate, the...
Compound Interest
DefinitionCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It...
Canadian Securities Institute (CSI)
What is the Canadian Securities Institute (CSI)?
The Canadian Securities Institute (CSI) is a not-for-profit organization that provides educational programs and professional designations to financial...