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This is the average stock price over a certain period of time.

Company with market capitalization less than $1 billion.

Orders which must trade under special conditions. For example, a cash order will be settled sooner than the usual three-day settlement period.

A session during which trading in a listed security is limited to the execution of transactions at a single price.

Someone prepared to accept calculated risks in the marketplace for attractive potential returns.

Capital and preferred shares issued by a split-share corporation. A split-share corporation holds common shares of one or more companies. The corporation then issues two classes of shares – capital shares and preferred shares. The objective is to generate fixed, cumulative, preferential dividends for the holders of preferred shares and to enable the holders of the capital shares to participate in any capital appreciation (or depreciation) in the underlying common shares.

The traditional term for membership on a stock exchange. An investment dealer or brokerage buys a seat on the exchange and one employee is designated as the seat holder. As Toronto Stock Exchange is now demutualized, there are no longer seats on the exchange.

The dollar value of secondary offering securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. It is the stated prospectus price multiplied by the “number of securities issued under the offering plus the over allotment”.

mutual funds specializing in a particular industry sector such as computers, or health care.

Transferable certificates of ownership of investment products such as notes, bonds, stocks, futures contracts and options.