Tag: time

Basis Point

DefinitionA basis point is one hundredth of a percent or equivalently one ten thousandth. The related concept of a permyriad is literally one part...

Bull Market

DefinitionA market trend is a perceived tendency of financial markets to move in a particular direction over time. These trends are classified as secular...

Back Months

What is 'Back Months' The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future....

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...

Call Market

What is a 'Call Market' A call market is a type of market in which each transaction takes place at predetermined intervals...

Cancellation Provision Clause

What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...

Call Price

What is a 'Call Price' A call price is the price at which a bond or a preferred stock can be redeemed...

Call Date

DefinitionA callable bond is a type of bond that allows the issuer of the bond to retain the privilege of redeeming the bond at...

Contango

DefinitionContango is a situation where the futures price of a commodity is higher than the anticipated spot price at maturity of the futures contract....

Lapse

What is a 'Lapse' A lapse is the cessation of a privilege, right or policy due to time or inaction, so a...