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With rights. The owner of shares purchased cum rights is entitled to forthcoming, already-declared rights. The opposite of this is ex rights.

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.

This occurs when an average falls 10% or more off of its high.

Cost of materials and labor required to produce products or services. Gross profit is sales minus cost of sales. 

The interest rate on a bond. 

A company’s ongoing obligation to inform the public of significant corporate events, both favourable and unfavourable.

Similar to value investor. Looks for stocks with prices beaten down out of proportion to fundamentals. 

A bond that can be exchanged for shares of stock. 

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.

A multi-party telephone call hosted by a company, primarily for analysts, shortly after making an earnings announcement.