Canadian Financial, Real Estate and Mortgage Glossary

Investment Terms

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(Canadian Imperial Bank of... — Bond
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Bond LadderChequing Account
(Canadian Imperial Bank of Commerce) Investor Services, Inc. (CISI)Company, Canada
absolute return (AR)Acronym
A strategy to obtain positive returns on an investment portfolio regardless of market conditions.
  ➥  In relation to assets and portfolios.
accounting rate of return (AROR, ARR)Acronym
accrual methodDefinition (Investments, Taxation, Financial-banking)
Business accounting in which you report income in the year you earned it and expenses in the year you incur them, rather than reporting income and expenses when you receive payment or when you pay the expenses. Under this method, if you built a deck and billed the client in December 1999, the amount you charged would be reported in 1999 as income even if you didn't get the payment until January 2000. If you own a business that maintains an inventory, you are required to use the accrual method.
accumulation period (AP)Definition (Investments, Annuities, Financial-banking)
The period where an investor continues to put money into his or her investment(s).
acid-test ratioDefinition (Investments, Financial-banking)
A ratio that determines the liquidity of a company without requiring the company to sell assets or inventory.
actuarial tableDefinition (Investments, Insurance, Financial-banking)
A table used in actuarial science that outlines the statistical probability that an individual of a specific age and sex will die within a year.
actuaryDefinition (Investments, Insurance, Financial-banking)
An individual who assesses the mechanisms, mathematics and complexities of risk and uncertainty.
adjusted cost base (ACB)Canada
adjusted net worth (ANW)Acronym
Advocis Protective Association (APA)Company, Canada
  ➥  Protects Advocis members by offering comprehensive errors and omissions insurance coverage.
agency (agcy)Definition (Investments, Mortgages, Real-estate, Insurance, Financial-banking, Abbreviation, Legal-contracts)
A relationship between two parties -- a client and an agent -- in which the agent represents the client in transactions with a third party.
agent (agt)Definition (Investments, Mortgages, Real-estate, Insurance, Financial-banking, Abbreviation, Legal-contracts)
A person who acts on behalf of another. In real estate, an agent is a person who conducts transactions on behalf of sellers and sometimes buyers.
Alberta Heritage Savings Trust Fund (AHSTF)Alberta, Canada
Alberta Securities Commission (ASC)Company, Calgary, Alberta, Canada
Regulatory agency responsible for administering the Province of Alberta's securities laws.
  ➥  A member of the Canadian Securities Administrators (CSA).
American Depositary Receipt (ADR)Acronym
A negotiable certificate issued by U.S. banks representing ownership or a claim on foreign securities.
American Growth Fund (AGF)Company Est.1957, Toronto, Ontario, Canada
  ➥  Canadian investment management firm.
angel investorsDefinition (Investments, Financial-banking)
Private individuals with capital to invest in business enterprises.
annual crediting capDefinition (Investments, Financial-banking)
The highest rate that can be credited to an equity-indexed annuity in a year.
annual rate of return (AROR)Acronym
annualized internal rate of return (AIRR)Acronym
The internal rate of return on an investment that makes the net present value of all cash from a particular investment equal to zero.
annualized return on investment (AROI)Acronym
annuitantDefinition (Investments, Annuities, Financial-banking)
An individual who owns or is the recipient of an annuity.
annuitizationDefinition (Investments, Estate-management, Annuities, Financial-banking)
The process of turning a retirement plan or annuity into income in the form of periodic payments or a single lump sum.
annuitization optionsDefinition (Investments, Estate-management, Annuities, Financial-banking)
The different income dispersal options available when annuitizing a retirement plan or annuity, such as the timeframe and list of beneficiaries.
annuityDefinition (Investments, Estate-management, Annuities, Financial-banking)
A financial instrument that disperses a number of payments over a set period of time.
annuity certainDefinition (Investments, Estate-management, Annuities)
A type of annuity that makes payments to the annuitant for a set term; payments stop when the agreed upon term ends, even if the annuitant is still alive after the term ends.
annuity considerationDefinition (Investments, Annuities)
The payment(s) made by an individual in order to accumulate value in an annuity.
annuity contractDefinition (Investments, Estate-management, Annuities)
A contract that outlines each party's responsibilities as they relate to an annuity.
annuity due (AD)Acronym
annuity factor methodDefinition (Investments, Estate-management, Annuities)
A way of determining the maximum amount an annuitant can withdraw from an annuity before penalties are applied.
annuity in advanceDefinition (Investments, Annuities, Financial-banking)
When payments are made at the start of a period as opposed to the end.
annuity in arrearsDefinition (Investments, Annuities, Financial-banking)
When payments are made at the end of a period as opposed to the start.
annuity ladderDefinition (Investments, Annuities, Financial-banking)
A financial plan to purchase multiple annuities from different companies over a number of years in order to minimize interest rate risk and the risk of a total loss.
annuity tableDefinition (Investments, Estate-management, Annuities)
A table that can be used to find the future value of an annuity.
anti-money laundering program (AMLP)Acronym
Many insurance and investment firms, with the assistance of regulatory organizations, have programs in place to help prevent money laundering. These programs are designed to recognize techniques and risks as well as to aid in the process of verification of clients and their accounts.
appreciationDefinition (Investments, Real-estate, Financial-banking)
An increase in the value of a property or item.
asset-backed securities (ABS)Definition (Investments)
Securities backed by a pool of assets.
  ➥  Financial security made up of a bundle of assets.
assumed investment return (AIR)Acronym
average accounting rate of return (AARR)Acronym
average rate of return (AROR)Acronym
average yield to maturity (AYTM)Acronym
backflip takeoverDefinition (Investments, Financial-banking, Legal-contracts)
A form of takeover where the purchasing company becomes a subsidiary of the purchased company.
Bank of America Investment Services, Inc. (BAI)Company
Bank of Montreal Investment Counsel (BOMIC)Canada
bank spreadDefinition (Investments, Mortgages, Financial-banking)
The difference between the interest rate a bank charges a borrower and the interest rate a bank pays a depositor.
basisDefinition (Investments, Taxation, Insurance, Financial-banking)
That on which a thing rests or is founded.
bear marketDefinition (Investments, Financial-banking)
When stock prices are decreasing, it's a bear market.
beneficiaryDefinition (Investments, Estate-management, Annuities, Insurance)
An individual or entity chosen to receive benefits from a will, trust, deed or insurance policy.
bondDefinition (Investments, Financial-banking)
A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date.
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(Canadian Imperial Bank of... — Bond
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Bond LadderChequing Account

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Index of Investment Terms

Page 1: (Canadian Imperial Bank of...
Page 2: Bond Ladder
Chequing Account
Page 3: Client Account Agreement
Dominion Bond Rating Service
Page 4: Dundee Bank of Canada
Global Investment Banking...
Page 5: Gross Margin Return on...
Investment Canada Act
Page 6: Investment Funds in Canada
Merger of Equals
Page 7: Microeconomics
Page 8: Pensions, Insurance and...
Registered Representative
Page 9: Registered Retirement Income...
Split-Funded Annuity
Page 10: Stagflation
Wealth Management Essentials
Page 11: Weighted Average Rate of...
York University Finance and...

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