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| Assets=liabilities + Owner's Equity |
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| Debts of a company for goods and sevices purchased that must be paid within one year. These debts are listed as a current liability on the company's balance sheet |
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| Money owed to a company for goods and services it has sold. Payment is expected within one year. This money is listed as a current asset on the company's balance sheet |
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| Everything a company or person owns or is owed, such as money, securities, equiptment and buildings. Assets are listed on a company's balance sheet. |
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| Verification of the accuracy of accounting and financial records by a member of the institute of chartered accountants. In some provinces, Certified General Accountants and Certified Management Accountants may also act as company auditors |
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| Averages. Indexes or Indices |
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| Stat tools that measure the state of the stock market or the economy, based on the performance of stocks, bonds and other components. The Dow Jones Industrial Average and the S&P/TSX Composite Index |
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| A financial statement showing a company's assets, liabilities and shareholder's equityon a given date.It shows what the company owns, the debts it owes and what belongs to the shareholders |
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| The central bank of Canada, founded in 1930's to facilitate the functioning of the financial system. They issue and remove bank notes, acts as the fed. gov financial advisor on debt management and foreign exchange and conducts monetary policy to regulate the growth of a company's money supply and influence interest rates |
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| A market in which prices are declining. A "bear" is aperson who expects that the market or the price of a particular security will decline |
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Bonds are debt instruments. When you buy a bond you essentually loan money to a government or corporation for a fixed term at a pre-set interest rate
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| A market in which prices are rising. A "bull" is a person who expects that the market or the price of a particular security will rise |
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| A company's net income for a stated period plus any deductions that are not paid out in actual cash, such as depreciation, amortization, deffered income taxes and minoroty interest. It can provide a broader picture of a company's earning powerthan net earnings alone |
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