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Debt instruments issued by governments and corporations.
Learn moreAn analysis and listing of your fixed and variable expenses and income.
Learn moreTo spread risk across different types of investments. Risk can be spread across geography, type of investment, sector of investment, or risk tolerance of investment.
Learn moreA payment from the net profits of a corporation to its shareholders.
Learn moreThe process of making financial arrangements for your estate (your assets left after your death). With a goal to arrange the most tax efficient distribution to your beneficiaries.
Learn moreFixed expenses happen at the same time every time. A variable expense is random in time.
Learn moreAn investment fund whose goal is capital gain (the growth in value of a share or asset through changes in the performance of the underlying shares) rather than interest or dividend accumulation.
Learn moreAn investment whose returns are based on interest or yield growth.
Learn moreThe potential for loss of gain when a fixed interest rate return is compared to other potential rates of return.
Learn moreA deceased person's estate when there is no official will to deal with it.
Learn moreAn insurance plan to cover the potential costs of future medical care for the insured.
Learn moreThe potential for loss in any investment market.
Learn moreA pool of money invested by a manager in which investors own units purchased by their investment in the pool.
Learn moreTotal monetary value of an investor after taxes, liabilities and expenses.
Learn moreA curated collection of separate assets that have monetary value and are designated for a certain financial objective. Typical portfolios are a mix of stocks, bonds and cash, as well as funds that hold a combination of these assets.
Learn moreOver time the assets in a portfolio perform differently. On a regular basis adjusting the portfolio to the original investment mix is called rebalancing.
Learn moreAn insurance term referring to payments required to fund an insurance policy.
Learn moreThe current market value of the investments in your portfolio.
Learn moreThe process of determining whether a will is the last valid will of a deceased person.
Learn moreA regulatory document setting out the terms and conditions of an investment.
Learn moreThe annualized growth of your assets as a percentage.
Learn moreThe potential for loss.
Learn moreYour ability to absorb loss.
Learn moreThe process of reinvesting a maturing investment (an investment with a fixed period of investment).
Learn moreRegistered Education Savings Plan. A tax sheltered savings plan for education. You are not taxed on the growth of the funds in the RESP while saving. Taxes accrue to the beneficiary (the student) when the funds are withdrawn.
Learn moreRegistered Retirement Savings Plan. Tax sheltered savings plan for your retirement. You pay no taxes on the growth of the funds while saving and you receive a tax receipt for funds deposited. When you retire you take out an income stream and pay tax on that income.
Learn moreA debt that the lender reduces his risk of non-repayment of by holding an asset of similar value that belongs to the debtor.
Learn moreA general term for stocks and bonds.
Learn moreAn investment plan in which the government allows payment of taxes on accumulated growth when funds are withdrawn from of the plan and not as they accumulate.
Learn moreAn investment plan in which the government allows growth of an investment to remain untaxed.
Learn moreTemporary coverage that provides the people or charities you name as beneficiary with a tax-free payout if you die within the term you choose.
Learn moreTax Free Savings Account. Like an RRSP there are no taxes on the growth of the funds in the plan. Unlike an RRSP you do not receive a tax receipt for deposits but you pay no taxes on withdrawal.
Learn moreThe growth of an investment from the beginning of the plan to the end of the plan.
Learn moreA time period after which an investment made by an employer on behalf of an employee becomes owned by the employee.
Learn moreThe frequency and duration of change in the value of an investment over specified periods of time.
Learn morePermanent insurance (for the entire life of the insured) based on the probability of death of the insured.
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