CANADA MORTGAGE AND HOUSING CORPORATION - CMHC
A corporation funded by the Canadian administration that gives mortgage loans to people who wants to purchase a house. Established as a crown corporation, the CMHC provides housing to soldiers returning from WWII. As time passed by, the CMHC changed to also include the development and planning of housing projects in city areas, as well as study into real estate latest.
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Preference Equity Redemption Cumulative Stock - PERCS
A convertible preferred stock with an enhanced dividend that is limited in term and participation. Preference equity redemption cumulative stock (P ...
Security Analyst
A Security Analyst is a professional who is adept financially. He or she is an expert in all things involving securities. They are generally knowle ...
All Cash, All Stock Offer
This term offer is a proposal given by a company with an objective of purchasing the outstanding shares of another company from its shareholders by ...
Rate Trigger
Sizeable declines in interest rates that may make companies call in bonds that otherwise pay high coupon or interest rates. Because these bonds are ...
Just in Case - JIC
An inventory method where companies keep huge inventories on hand to minimize the possibility that a product will be out of stock. Companies who em ...
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