Gross profit divided by sales.
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Growth Stock
The shares of companies that have enjoyed better-than-average growth over recent years and are expected to continue their climb.
Junk Bonds
Corporate bonds with poor credit ratings.
Investment Bank
An organization, usually a stock brokerage firm, involved in taking a new company public (IPO), consulting on mergers and acquisitions, handling corporate borrowing, etc.
Growth Stocks
Companies with consistent annual earnings and sales growth of at least 15%.
Gross Profit
Profit a company makes on goods and services before considering overhead expenses. Gross profit is sales minus cost of sales.
Insiders
With respect to a corporation or other entity, these are the people who have access to inside information about a company or entity that is material to the stock price. For corporations, they are typically the directors and senior officers of a corporation. A person or entity that owns greater than ten percent (10%) someone of the voting shares of a corporation is also considered an insider.
Investment Capital
Initial investment capital necessary for starting a business. Investment capital usually consists of inventory, equipment, pre-opening expenses and leaseholds.
Large-Cap
Company with market capitalization greater than $8 billion.
Guaranteed Investment Certificate (GIC)
A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, such as one or five years. GICs are generally non-redeemable and non-transferable before maturity.