BID-ASK SPREAD
Amount wherein the ask price exceeds the bid. This is essentially the difference in price between the highest price that a buyer is willing to pay for an asset and the lowest price for which a seller is willing to sell it.
POPULAR TERMS
Front-End Ratio
A ratio that indicates what portion of an individual's income is used to make mortgage payments. It is calculated as an individual's monthl ...
Segregated Fund
Segregated Fund is a kind of pool investment. There is high similarities between a segregated fund and a mutual fund however there are discrepancie ...
Mortgage Suitability
Standard where mortgage lenders can follow when steering consumers to a mortgage loan. Lenders would be liable for directing consumers toward a not ...
Expunge
Action destroying any AUTEX indication record. Removing an indication will permanently delete a trail of an investor’s advertisement for a bl ...
Canada Education Savings Grant - CESG
An approval from the Canadian Government paid straight into a beneficiary's Registered Education Savings Plan (RESP). It provides 20% to the fi ...
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SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Buying a Home: Looking for an Agent
You will need to find an agent if you want to purchase your dream house. These agents are the only ones who have access to lock box codes, which ar ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
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