Item or amount of money belonging to a natural person.
Shares
Part ownership of the capital of a business or company.
Budget
Complete list of all the estimated spending and income of a business or an individual.
Credit bureau
Information centre on consumer credit use.
Capital
Amount of money that you have available to spend or invest.
Capital guaranteed
Option in the investment agreement you make with your caisse. If you choose a capital guaranteed investment, the caisse guarantees that the initial amount you invest will be protected from market risk.
Capital invested
Amount of money invested in an investment vehicle or in an asset.
Retirement savings
Amount of money saved to cover the cost of your living expenses when you retire.
Credit card
Plastic card issued by a credit company (e.g., VISA) that you can use to make purchases on credit and pay for them at a later date.
Debit card
Plastic card that you can use to carry out transactions online or at an ATM or to pay for purchases in a store.
Credit rating
Record of your financial reputation, in particular your ability to repay loans, published by a credit bureau. Financial institutions use your credit rating to assess the risk of lending you money.
Contribute
To make a payment into a retirement plan.
Credit
Money loaned to an individual to carry out a project, make a purchase or cover unexpected expenses.
Credit card balance
Amount you must pay to reimburse the purchases you charged to your credit card.
Credit limit
Maximum amount you can charge to your credit card.
Diversification
Investment strategy that decreases the risks of investing by dividing the funds into a variety of investment vehicles.
Dividends
Part of the earnings of a company that is paid to its shareholders, who receive an amount in proportion with the number of shares they hold.
Bailer
Tool used to draw or remove water from the kayak.
Equity fund
Mutual fund that invests mainly in stocks.
Diversified fund
Mutual fund that invests in a variety of asset classes (stocks, bonds, monetary instruments).
Balanced fund
Mutual fund that invests in stocks, fixed-income securities and money market instruments to reduce risk and make a moderate long-term profit.
Index fund
Mutual fund that invests in the same securities (stocks or bonds) as a given reference index with the goal of mirroring the performance of the index.
Bond fund
Mutual fund that invests mainly in bonds to generate a higher potential income.
Investment fund
Fund in which investors with similar goals pool their money together. This money is invested by professionals who manage the fund.
Sector fund
Mutual fund that invests mainly in a single sector of the economy.
Specialized fund
Mutual fund that invests mainly in socially responsible, sector or parallel investments.
Cheque issuing charges
Fees charged by your financial institution when you write a cheque.
Interest
Fee you are charged for borrowing money from a financial institution (expressed as a percentage of the amount borrowed).
Service charges
Fees you pay for using the services of your financial institution. Synonym : user fees, transaction fees.
Capital gains
Profit from the sale of capital assets (i.e., long-term assets such as stocks, bonds, land or businesses).
Grams of CO2 equivalent
Unit that provides an equivalency, in terms of global warming potential, between the various greenhouse gasses and carbon dioxide (CO22), making it possible to assess the overall greenhouse gas effect caused by different kinds of emissions.
Hypothermia
Abnormally low body temperature.
Taxes
A fee charged by the government on your income or on products you buy. Taxes finance government expenditures like public goods and services.
Benefit
Amount paid to a person under the coverage of an insurance policy to compensate for what he or she has lost.
Compound interest
Interest that is calculated on invested capital as well as on previous interest that is periodically reinvested with the capital.
Liquid assets
Money immediately accessible or assets that can be quickly and easily converted to cash.
Stock market
System in which investments such as company stocks and securities are traded through capital markets (e.g., New York Stock Exchange).
Line of credit
Amount of money determined by a financial institution that you can use in exchange for paying interest fees.
NSF
Not sufficient funds. This charge occurs when you write a cheque for an amount that is more than the amount in your account.
Bond
A certificate of debt given by a public organization or company to those who lend it money and that guarantees the bondholders an annual interest.
Direct payment
Electronic payment made with a debit card at a terminal that immediately removes the purchase amount from your account.
Investment fund share
Share in a group investment in which investors pool their money together to generate profit.
Market-linked guaranteed investment
Type of investment that poses no risk to your capital and has a higher return potential.
Investment
Amount of money invested to generate profit.
Loan
Amount of money lent for a predetermined period of time.
Insurance premium
Amount that an insurance policy holder must pay to the insurer in exchange for financial protection in case of loss of life, health or property.
Investor profile
Personality or type of investor (e.g., prudent, ambitious) determined by an individual%u2019s circumstances and his or her risk tolerance.
Coverage
Protection offered by an insurance policy in exchange for the payment of premiums.
RRSP
(Registered Retirement Savings Plan) Savings method that allows you to put savings in tax-sheltered investments during your active life to supplement your income when you retire. Your RRSP savings will not be taxed until you withdraw them.
Group insurance plan
Insurance plan that covers several people from the same business or organization.
Return
Amount of interest or dividends received from an investment in a given period of time.
Direct withdrawal
Function you can set up to automatically pay your regular bills.
Risk tolerance
Ability to handle a decrease in the value of your investments for a certain period.
Credit card balance
Amount you must pay to reimburse the purchases you charged to your credit card.
Immune system
The system your body uses to defend itself against intruders that could cause diseases (viruses, bacteria, etc.).
Interest rate
Amount charged or paid for the use of money, expressed as a percentage. Investors receive interest for letting others use their money and borrowers pay interest to borrow money.
Tax-sheltered
You will not have to pay income taxes on money you invest in a tax-sheltered investment (e.g., RRSP) until you withdraw the funds.
Security
Document that certifies the value of a stock or a bond to its holder.
Growth stock
Type of investment that is expected to gain value quickly, but for which there is no guaranteed rate of return.
Fixed-interest security
Type of investment for which the rate of return is known in advance.
Net asset value
Current dollar value per share of your investment.
Investment vehicle
Any financial product (RRSP, term savings, investment fund, etc.) that allows you to invest an amount of money and make it grow.
Regular instalment
Amount withdrawn regularly from an account and automatically placed in a savings account or an investment or used to pay off a loan.
