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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.

A GTC order will remain in the system until the date that it is filled or until a maximum of 90 calendar days from date of entry, whichever happens first. This type of order is also referred to as an open order. A Participating Organization can cancel a GTC order at any time.

A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. This is another kind of open order. A Participating Organization can cancel a GTD order at any time.

The amount of a company’s shareholder’s equity that exceeds the value of its hard assets. 

Gross profit divided by sales. 

Profit a company makes on goods and services before considering overhead expenses. Gross profit is sales minus cost of sales. 

The shares of companies that have enjoyed better-than-average growth over recent years and are expected to continue their climb.

Companies with consistent annual earnings and sales growth of at least 15%. 

A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, such as one or five years. GICs are generally non-redeemable and non-transferable before maturity.

A temporary stoppage of trading of the listed securities of an issuer, which may be imposed by the Exchange, its agent (Market Regulation Services Inc. (RS)), or voluntarily requested by the issuer. Usually an issuer’s listed securities are halted pending a public announcement of material information about the issuer, but the Exchange or RS may also impose a halt if the issuer is not in compliance with Exchange requirements or if the Exchange determines that it is in the public interest to do so.