Buy or sell limit order will expire at close of trading if not executed.
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Speculator
Someone prepared to accept calculated risks in the marketplace for attractive potential returns.
Good til Canceled
Buy or sell limit order remains active until you cancel it.
Split Shares
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.
Good Till Canceled
An order placed with a broker meaning that it is good until either filled or canceled. In practice, this order has to be re-confirmed twice annually.
Short-term Debt
Borrowings that must be repaid within one-year.
GARP
Growth at a reasonable price. A strategy of buying stocks whose price/earnings ratio is equal to or less than the estimated annual earnings growth rate.
Generally Accepted Accounting Principles (GAAP)
Accounting rules and procedures established by the Financial Accounting Standards Board, an independent self-regulating organization.
Short-term Investments
Stocks and other liquid securities.
Geographic Funds
Mutual funds specializing in a specific geographic area such as Europe.