Growth Stock

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

Ontario Securities Commission

The government agency that administers the Securities Act (Ontario) and the Commodity Futures Act (Ontario) and regulates securities and listed futures contract transactions in Ontario.

Open

This is the price at which a security opens for the trading day. A stock can open at the previous closing price, gap up or gap down.

Convertible Security

A security of an issuer (for example – bonds, debentures, or preferred shares) that may be converted into other securities of that issuer, in accordance with the terms of the conversion feature. The conversion usually occurs at the option of the holder of the securities, but it may occur at the option of the issuer.