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Call Swaption

What is 'Call Swaption' A type of option between two parties that can be exercised on a swap where the buyer of...

Calendar Year Experience

What is 'Calendar Year Experience' The underwriting result based on earned premiums and booked incurred losses for the same calendar-year accounting period....

Called Away

What is 'Called Away' A term used to describe the elimination of a contract due to the obligation of delivery. This occurs...
Canadian Mortgage and Housing Corporation

Canadian Mortgage and Housing Corporation (CMHC)

What is CMHC and what do they do The Canadian Mortgage and Housing Corporation (CMHC) is a Canadian Crown corporation that provides mortgage loan insurance,...

CEO – Chief Executive Officer

A Chief Executive Officer (CEO) holds the top most position in a company who is responsible for overall administrative, managerial, operational, strategic and financial...

Party Wall

DefinitionA party wall is a dividing partition between two adjoining buildings that is shared by the occupants of each residence or business. Typically, the...

Net Asset Value

DefinitionNet asset value is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds,...

Call Option

DefinitionA call option, often simply labeled a "call", is a financial contract between two parties, the buyer and the seller of this type of...

Palisades Water Index

DefinitionThe Palisades Water Index is a modified equal-dollar weighted stock market index. It is designed to track the performance of companies engaged in the...

Price Earnings Ratio

DefinitionThe price/earnings ratio is the ratio of a company's stock price to the company's earnings per share. The ratio is used in valuing companies....