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A security issue that is removed or delisted from the list of tradable security issues of an exchange. It is usually accompanied with a reason for deletion and the deletion date.

The spread is the gap between bid and ask prices of a stock, option, or other security. This term is also used to generally describe a number of strategies that make use of different spreads between calls, puts and the underlying stock, e.g., Bull Spread with Calls, Bull Spread with Puts, Bear Spread with Puts, Bear Spread with Calls, Butterfly Spread, Calendar Spread, Ratio Call Spread.

Committees formed for the purpose of assisting in decision-making on an ongoing basis.

Someone prepared to accept calculated risks in the marketplace for attractive potential returns.

Capital and preferred shares issued by a split-share corporation. A split-share corporation holds common shares of one or more companies. The corporation then issues two classes of shares – capital shares and preferred shares. The objective is to generate fixed, cumulative, preferential dividends for the holders of preferred shares and to enable the holders of the capital shares to participate in any capital appreciation (or depreciation) in the underlying common shares.

Company with market capitalization less than $1 billion.

Orders which must trade under special conditions. For example, a cash order will be settled sooner than the usual three-day settlement period.

A session during which trading in a listed security is limited to the execution of transactions at a single price.

Borrowings that must be repaid within one-year. 

Stocks and other liquid securities.