Demand

The combined desire, ability and willingness on the part of consumers to buy goods or services. Demand is determined by income and by price, which are, in part, determined by supply.

Equity Financing

The dollar value of securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. The value equals the number of securities multiplied by the offering price. The various forms of financial instruments may have an effect on determining the price or the number of securities.

Ex Dividend

The holder of shares purchased ex dividend is not entitled to an upcoming already-declared dividend, but is entitled to future dividends.

Derivatives

Options and other instrument whose value depends on an underlying security. For instance, the value of a call option on Cisco Systems (derivative) fluctuates with the price of Cisco System’s stock.

Discount

The difference between a bond’s face value and its current market price. 

Equity Option

An option contract that grants the holder the right to buy or sell a specific number of shares of stock at a specified price during a specific period of time.

Ex Right

The holder of shares purchased ex rights is not entitled to already-declared rights, but is entitled to future rights issues.