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Financial Terms

CAD

The value of CAD is determined by many factors including the country's economic stability, inflation rate, and global trade agreements.

The Canadian Dollar (CAD) serves as the official currency of Canada, with a conversion rate of 1 CAD being equivalent to 100 cents, denoted by the $ symbol. However, its value is not solely dependent on its denomination, as it is influenced by various factors such as the country's economic stability, inflation rate, and international trade agreements. A thorough understanding of these elements is crucial in comprehending the intricacies of the Canadian Dollar.

Interim Dividend

An interim dividend, as its name suggests, is a dividend that is paid out before the company's Annual General Meeting (AGM) and the release of its financial statements. This...

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Circuit Breaker

A key tool in market regulation, the Circuit Breaker aims to curtail extreme fluctuations in security prices. By briefly pausing trading, it prevents overvaluing or underval...

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KYC

It helps in preventing fraud and financial crimes such as money laundering. The process involves collecting information about a customer's identity, occupation, and source of...

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Balance of Payment

International transactions refer to the exchange of goods, services, and gold between countries. These transactions are recorded and analyzed to determine the economic perfo...

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