A trade that occurs when two accounts within the same Participating Organization/Member wish to buy and sell the same security at an agreed price and volume. With some approved exceptions, crosses can only occur within the current bid and ask for the stock.
Archives
Correction
This occurs when an average falls 10% or more off of its high.
Cost of Sales
Cost of materials and labor required to produce products or services. Gross profit is sales minus cost of sales.
Coupon Rate
The interest rate on a bond.
Convertible Bond
A bond that can be exchanged for shares of stock.
Convertible Security
A security of an issuer (for example – bonds, debentures, or preferred shares) that may be converted into other securities of that issuer, in accordance with the terms of the conversion feature. The conversion usually occurs at the option of the holder of the securities, but it may occur at the option of the issuer.
Corporation or Company
A form of business organization created under provincial or federal laws that has a legal identity separate from its owners. The shareholders are the corporation’s owners and are liable for the debts of the corporation only up to the amount of their investment. This is known as limited liability.
Continuous Disclosure
A company’s ongoing obligation to inform the public of significant corporate events, both favourable and unfavourable.
Contrarian
Similar to value investor. Looks for stocks with prices beaten down out of proportion to fundamentals.
Consensus Estimate or Rating
The average of analysts individual earnings forecasts or buy/sell ratings.