REGISTERED RETIREMENT INCOME FUND - RRIF
This retirement fund is similar to an annuity contract that pays income to beneficiaries. RSP holders usually roll over their RRSPs into an RRIF to fund their retirement. A company or organization that holds the RRIF is known as the plan’s carrier. Carriers may be banks or insurance companies.
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SEC Form U-9C-3
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Tenor
Amount of time left for repaying a loan, contract, or initial term length of a loan. It can be expressed in days, months, or years.
EBITDA to Sales Ratio
Financial metric evaluating a firm’s profitability by measuring up its revenue with earnings. Moreover, it would denote the percentage of a c ...
Deleverage
Attempt of a company to decrease its financial leverage. The best way for a company to deliver is to immediately pay off any existing debt on its b ...
Synthetic Futures Contract
Investment strategy which creates a position by combining call and put options in order to emulate the futures contract’s payout schedule and ...
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