Glossary of Terms

This glossary is not intended to be exhaustive, includes but is not limited to the following terms:

• Approved Auditor. An auditor recognized by the FSC under the Securities Industry Act (SIA).
• Asset. Any tangible or intangible resource owned that could generate a return in the form of more assets.
• Broker. A person or company that engages in transactions between buyers and sellers in exchange for a commission or fee.
• Complaint. Statement of an experience that is unsatisfactory or unacceptable.
• Fund. A crime that that results in a person losing money or property through deceptive and misleading information or illegal practices.
• Fraud. A pool of money from a group of investors to buy securities.
• IFRS. The International Financial Reporting Standards issued by the International Accounting Standards Board.
• Invest. To engage in any activity in which funds/money is used to purchase a service or product in exchange for financial gain.
• Investigation. The process of formally and thoroughly examining or researching a person, company or thing to discover the facts about a situation or experience.
• Market Price. The cost to buy or sell an asset or service.
• Municipal Securities. Includes Municipal Bonds, Municipal Notes and Municipal Paper.
• Portfolio. A collection of investments/securities owned by a company or individual.
• Prospectus. A notice, circular, advertisement or document inviting applications or offers to subscribe for or purchase securities, or offering any securities for subscription or purchase, in connection with a distribution.
• The level or degree of uncertainty about the financial gain that you as an investor would earn from an investment. This means that there is a possibility that you as an investor may incur a loss from an investment. 

• Securities. An investment instrument that has financial value that can be used for a financial gain.
  • These include shares;​ Instruments creating or acknowledging indebtedness; Instruments giving entitlements to securities; Certificates representing certain securities; Options;​ Futures;​ Contracts for differences but the underlying asset cannot be cryptocurrencies;​ Rights and Interests in Securities; and​ Foreign Exchange Contracts.
• Securities Representative. An individual carrying out any securities activity who is a representative of a registered company in a capacity other than Chief Executive Officer or Compliance Officer.