Financial terms

12 terms

This glossary has 12 terms

Bonds
noun
a relationship between people or groups based on shared feelings, interests, or experiences.
Example: She has invested most of her money in stocks and bonds.
fr: Obligations
Churning
noun
Churning is the illegal and unethical practice by a broker of excessively trading assets in a client's account in order to generate commissions.
Example: he has been convicted for churning
fr: Barattage
dollar-cost averaging
noun
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target
Example: this target's dollar-cost average is 25 million
fr: moyenne d'achat
guaranteed investment certificate
compound word
A guaranteed investment certificate is a deposit investment security that Canadian banks and trust companies sell.
Example: the bank offered me a guaranteed investment certificate
fr: certificat de placement garantie
Mutual funds
noun
an investment program funded by shareholders that trades in diversified holdings and is professionally managed
Example: She invested her money in a mutual fund.
fr: Fonds communs de placement
No-load mutual-fund
noun
A no-load fund is a mutual fund that's sold directly by the investment company without any sales charges or commissions.
Example: You need to invest in a no load mutual fund
fr: Fonds commun de placement sans frais
Real estate
noun
property consisting of land or buildings
Example: my mom works as a real estate
fr: Immobilier
Registered Retirement Savings Plan
compound word
is a retirement savings and investing vehicle for employees and the self-employed in Canada. Pre-tax money is placed into an RRSP and grows tax-free until withdrawal, at which time it is taxed at the marginal rate.
Example: I haven't opened my Registered retirement savings plan account yet
fr: régime enregistré d'épargne-retraite
sales
noun
the exchange of a commodity for money; the action of selling something.
Example: we need to make better sales
fr: Ventes
Stockbroker
noun
a broker who buys and sells securities on a stock exchange on behalf of clients.
Example: My dad is a stockbroker
fr: Agent de change
Tax-Free Savings Account
noun
The Tax-Free Savings Account (TFSA) is an account that does not apply taxes on any contributions, interest earned, dividends, or capital gains.
Example: I have 1000$ in my Tax Free savings account
fr: Compte d'épargne libre d'impôt
Treasury bill
noun
a short-dated government security, yielding no interest but issued at a discount on its redemption price.
Example: the 90 day treasury bill rate was used as a proxy for the risk-free rate of interest.
fr: des bons du Trésor