Tag: trust

What is a Charitable Remainder Trust A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...

What is 'Canadian Deposit Insurance Corporation - CDIC ' A crown corporation owned by the Canadian government that insures bank deposits up...

What is a Canadian Royalty Trust (CANROY)? A Canadian Royalty Trust (CANROY) is a type of investment that allows investors to receive income from natural...

What is 'Cancelable Insurance' This is insurance that may be canceled, at any time, by the insured party or by the insurance...

What is Cancellation of Debt (COD)? Cancellation of debt (COD) is the forgiveness of debt. This can occur when a lender agrees to cancel all...

What is 'Quarterly Income Preferred Securities - QUIPS' Shares that are an interest in a limited partnership that exists solely for the...

What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...

What is 'Quarterly Income Debt Securities - QUIDS' A debt instrument offering guaranteed quarterly payments directly to the shareholder by the parent...

What is 'Qualified Personal Residence Trust – QPRT ' A specific type of trust that allows its creator to remove a personal...

What is a Qualified Terminable Interest Property (QTIP)? A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...