Error message

Deprecated function: Array and string offset access syntax with curly braces is deprecated in include_once() (line 20 of /home/bvylwmfq/public_html/includes/file.phar.inc).

Glossary attachment

Press Reset to try a new search.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

A printed document identifying details of an investor's purchase and/ or sale of a security. The confirmation is usually sent out by the broker, investment dealer or fund company.

Constitutive Document

Means the Trust Deed that is the principal document governing the formation, management or operation of the Trust.

Continuous Disclosure

Securities regulators require organizations and individuals report information that is material to them within a certain period of time. This may include changes in the affairs of the company to an advisor's business or personal address change.


Means an amount as may be voluntarily paid by a Participant at any frequency to the Trustee for credit to the Individual Pension Account of a Participant, subject to any minimum limit as specified in the Offering Document.


A bond, debenture or preferred share which can be converted into the common stock of the same company.

Conversion Price

The price at which investors can convert their bonds or preferred shares into common shares.


A bond, debenture or preferred share which is convertible by the investor into the common shares of the issuing company.

Corporate Resolution

Document signed by the Board of Directors of a corporation that identifies the people with signing authority on behalf of a corporation for a mutual fund account.


A legal, taxable organization chartered under either provincial or federal law. Ownership of a corporation is held by its stockholders. The corporation can be private (limitations on the number of shareholders as well as restrictions on rights of shareholders to transfer shares) or public (shares trade in an open market with no restrictions). Also referred to as a company.


A short-term drop in stock prices bringing the market back into line as determined by investment professionals.

Coupon Rate

The annual rate of interest paid on a bond.

Credit Risk

See Risk.

Current Assets

An asset that can be converted into cash within a year. Examples include cash, cash equivalents, and marketable securities, accounts receivable and inventories.

Current Liability

Money that has to be paid by a business within a year. Examples include accounts payable and short-term loans.

Current Yield

The yearly income from an investment, expressed as a percentage of its current market price. On a bond, it is the annual interest divided by the current market price of the bond; for a stock, it is the annual dividend divided by the current market price of the stock.


A bank or a depository company that according to securities law holds the assets (cash and securities) of a mutual fund on behalf of the fund. This safekeeping of the assets serves to protect investors and helps facilitate easier transactions for the fund when securities are bought or sold.


A firm or individual that specializes in the buying and selling of securities from or to another firm or the public.


A firm or individual that specializes in the buying and selling of securities from or to another firm or the public.


An IOU of a municipal government or a corporation backed only by the general credit of the issuer and not secured by specific assets. It is a fixed income security, issued with a maturity of one year or more to raise funds in the long-term. It is an evidence of debt, in which the issuer promises to pay the investor a specific amount of interest for a period of time, and the eventual repayment of the principal on the maturity date.


Reference to amounts that are owing to be repaid in the future. Examples include bonds, debentures, mortgages and short-term notes.

Copyrights © 2018 SECP. All rights reserved.

Page Views 6157695