Glossary of Terms

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There are currently 13 names in this directory beginning with the letter F.
Face Value
For a bond, the face value is the dollar amount to be repaid to the bondholder when the bond matures.
Family of Funds
A group of various funds managed by a company.
Finance company
A company that focuses on loaning money.
Financial institutions
A company licensed under the Financial Institutions Act, 2008.
Financial planner
An individual who assists in managing a person’s finances with the aim of achieving their financial goals.
Financial statements
Statements that reflect a company’s financial performance over a specific period of time
Fiscal
Any 12-month period that a company uses for its accounting records. The year does not have to start on January 1.
Fixed deposit
An account that you deposit money into but you can only withdraw after a specific period of time.
Fixed income security
A type security that provides fixed interest payments.
Fixed-rate bond
A bond with an interest rate that remains constant or fixed for the life of the bond
Floating-rate bond
A bond with an interest rate that moves in tandem with some benchmark interest rate or reference rate. The interest rate is typically adjusted every six months.
Fund
A sum of money collected from investors that is allocated for a specific purpose.
Futures
An agreement to buy or sell an asset or commodity at a set price at a specified time in future.

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