Glossary

Can't find the term you're looking for in the list below? Try these we

• Canadian Bankers Association
• CFA Institute
• Dictionary of Derivatives and Other Financial Instruments (Ordres des comptables agréés du Québec et Autorité des marchés financiers
• The Investment Funds Institute of Canada
• Investopedia (NOTE: U.S. source)

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labour sponsored investment fund

A fund that provides venture capital to new and small businesses and offers tax incentives to investors.

legal advice

Advice from a lawyer on your individu​al circumstances.

leverage

An investment technique where you use a small amount of your own money to make an investment of much larger value. It involves borrowing money and can result in magnified gains or losses.

limited partnership

An interest in a partnership consisting of a general partner who manages the partnership, and limited partners who provide the investment capital.

liquidity

Ability to sell an investment quickly and at a fair price.