A long-term debt instrument issued by corporations or governments that is backed only by the integrity of the borrower, not by collateral. A debenture is unsecured and subordinate to secured debt. A debenture is unsecured in that there are no liens or pledges on specific assets.
Archives
Debt Price
The price paid per $100 of a debt instrument’s face value traded. A debt instrument trading at par would have a price of $100. A price below face value (for example, $99.1) indicates that the debt instrument has traded at a discount. A price above face value (for example, $101.1) indicates that the debt instrument has traded at a premium.
Debt to Equity (Long Term)
Total long term debt divided by total shareholder equity.
Debt to Equity (Total)
Total (short and long term) debt divided by total shareholder equity.
Conference Call
A multi-party telephone call hosted by a company, primarily for analysts, shortly after making an earnings announcement.
Consensus Estimate or Rating
The average of analysts individual earnings forecasts or buy/sell ratings.
Consolidated Short Position Report
A consolidated report that includes the total shares short (as of the trade date) and the net change from the previous report, for both TSX and TSX Venture Exchange listed issues. Under UMIR rule 10.10, all TSX and TSX Venture Exchange Participating Organizations and Members must report the firm’s short position on a semi-monthly basis to TSX Datalinx. Non-clearing firms may report through the firm that is responsible for their clearing.
Consumer Stock
This is a category of stock of companies that produce consumer-oriented products like food, beverages, tobacco, and pharmaceuticals.
Continuous Disclosure
A company’s ongoing obligation to inform the public of significant corporate events, both favourable and unfavourable.
Contrarian
Similar to value investor. Looks for stocks with prices beaten down out of proportion to fundamentals.