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A security that carries a condition giving the issuer a right to call in and retire that security at a certain price and for a certain period of time.

Options that can be exercised only on their expiration date.

A trader employed by a securities firm who is required to maintain reasonable liquidity in securities markets by making firm bids or offers for one or more designated securities up to a specified minimum guaranteed fill.

The holder of shares purchased ex dividend is not entitled to an upcoming already-declared dividend, but is entitled to future dividends.

A special form of corporation that invests primarily in real estate. REITs do not pay federal income taxes as long as they pay out 90% of their earnings to shareholders in the form of dividends.

Time after IPO, typically 25 days, when all parties involved in IPO are prohibited from commenting on the company’s future prospects. Analysts employed by underwriters are free to make buy/hold/sell recommendations after the Quiet Period expiration.

The dollar value of securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. The value equals the number of securities multiplied by the offering price. The various forms of financial instruments may have an effect on determining the price or the number of securities.

Information on the last trade, and current bid and asked prices. Most quotes are intentionally delayed about 20 minutes.

An option contract that grants the holder the right to buy or sell a specific number of shares of stock at a specified price during a specific period of time.

See Market Capitalization.