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Committees formed for the purpose of assisting in decision-making on an ongoing basis.

A dividend/distribution paid in securities of the same issue or a different issue of the same issuer or another issuer. A stock dividend/distribution can be used as a means to list a new issuer. The issuer or its representative provides the amount, payable date, and record date. The exchange that the issue is listed on sets the ex-dividend/distribution (ex-d) date for entitlement.

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.

Each province has a securities commission or administrator that oversees the provincial securities act. This act is a set of laws and regulations that set down the rules under which securities may be issued or traded in that province.

The shares or stock sold by a company to provide start-up capital before carrying out an initial public offering (IPO).

An analyst employed by a brokerage house such as Merrill Lynch.

The date when a securities buyer must pay for a purchase or a seller must deliver the securities sold. Settlement must be made on or before the third business day following the transaction date in most cases.

A paper certificate that represents the number of shares an investor owns.

The difference between the total of assets and liabilities shown on a company’s balance sheet. Book value is the shareholders equity divided by the number of outstanding shares.