International Securities Identification Number (ISIN)

The international standard that is used to uniquely identify securities. It consists of a two-character alphabetic country code specified in ISO 6166, followed by a nine-character alphanumeric security identifier (assigned by a national security numbering agency), and then an ISIN check-digit.

Goodwill

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

Good Till Canceled

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.

Issued and Outstanding Securities

Commonly refers to the situation where the number of issued securities equals the number of outstanding securities. However, under certain corporate statutes in Canada, an issuer may have issued securities and then repurchased those securities without cancelling them. In that case, the securities are issued but are not outstanding. As a result, the number of issued securities does not equal the number of outstanding securities.

Inside Information

Non-public information pertaining to the business affairs of a corporation that could affect the company’s share price should the information be made public.

Good-Till-Cancelled (GTC) Order

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.

Issuer Status

The trading status of a listed or formerly listed issuer. Issuer status types include: delisted, listed, suspended, and trading.