摘要: A futures broker who has a direct relationship with a client, but delegates the work of the floor operation and trade execution to another futures merchant. The merchant firm is usually a close partne[阅读全文:]
摘要: A financial intermediary that performs a variety of services. This includes underwriting, acting as an intermediary between an issuer of securities and the investing public, facilitating mergers and o[阅读全文:]
摘要: A piece of legislation designed to provide for the review of significant investments made in Canada by non-Canadians in order to ensure they benefit Canada. The Investment Canada Act provides regulati[阅读全文:]
摘要: A set of international accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting St[阅读全文:]
摘要: Occurs when an account cannot provide adequate funds to satisfy the demand of a payment.
Also referred to as "non-sufficient funds", or "NSF".
|||Insufficient funds occur wh[阅读全文:]
摘要: An estate planning tool used to freeze certain assets of an individual for estate tax purposes, but not for income tax purposes. The intentionally defective trust is created as a grantor trust with a [阅读全文:]
摘要: The discount rate often used in capital budgeting that makes the net present value of all cash flows from a particular project equal to zero. Generally speaking, the higher a project's internal rate [阅读全文:]
摘要: A United States government agency that is responsible for the collection and enforcement of taxes. The IRS was established in 1862 by President Lincoln and operates under the authority of the United S[阅读全文:]
摘要: An older set of standards stating how particular types of transactions and other events should be reflected in financial statements. In the past, international accounting standards (IAS) were issued b[阅读全文:]
摘要: An organization comprised of scholars and specialists from various areas of financial concern.
|||The IAFE allows professionals within various areas of finance to converge and share thei[阅读全文:]