Annual Report

A publication, including financial statements and a report on operations, issued by a company to its shareholders at the company’s fiscal year-end.

Speculator

Someone prepared to accept calculated risks in the marketplace for attractive potential returns.

Anonymous Trading

Permits Participating Organizations to voluntarily withhold their true broker identities when entering orders and trades on TSX trading systems.

Same Store Sales

Sales at retail stores or restaurants open at least one year. A chain’s same store sales growth excludes gains due to increases in the number of stores. Same store sales growth in the 5 percent to 10 percent range is considered good.

Screening

Searching the entire universe of mutual funds or stocks meeting user-specified criteria.

Seat

The traditional term for membership on a stock exchange. An investment dealer or brokerage buys a seat on the exchange and one employee is designated as the seat holder. As Toronto Stock Exchange is now demutualized, there are no longer seats on the exchange.

Secondary Offering Financing

The dollar value of secondary offering securities issued in accordance with a TSX or TSX Venture Exchange approved transaction. It is the stated prospectus price multiplied by the “number of securities issued under the offering plus the over allotment”.

Sector Funds

mutual funds specializing in a particular industry sector such as computers, or health care.