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Indices for which there is a maximum relative weight by market capitalization for any one constituent. Any individual constituent of the index can represent no more than a specified percent of the index. The individual constituents of the S&P/TSX Capped Composite and S&P/TSX Capped 60 indices are capped at 10%, while the individual constituents of the S&P/TSX Capped sector indices are capped at 25%.

Profiting on interest rate differentials. For instance, borrowing money at a relatively low short-term rate and lending it out a higher long-term rates. 

A special term attached to an equity order that requires the trade to be settled either the same day or the following business day for cash.

Cash in bank and all securities that can readily be converted to cash within three months or less. 

A dividend/distribution that is paid in cash.

A market in which stock prices are rising.

A false signal which indicates that the price of a stock or index has reversed to an upward trend, but ultimately proves to be false.

Stocks that don’t qualify for NASDAQ listing are traded here or by Pink Sheets. Be careful.

Any day from Monday to Friday, excluding statutory holidays.

A trust that usually generates cash flows from one business or operating company, unlike an investment fund, which generates income from a diversified pool or portfolio. The trust holds debt and equity interests of an operating business. Businesses that exhibit these characteristics may opt for a trust structure over a corporate structure to take advantage of tax efficiency.