Examlex
Managers should under no conditions take actions that increase their firm's risk relative to the market, regardless of how much those actions would increase the firm's expected rate of return.
Escalating Rate GIC
A Guaranteed Investment Certificate (GIC) with an interest rate that increases at predetermined intervals throughout the term.
Fixed-rate GIC
Guaranteed Investment Certificate with a fixed interest rate for the term of the investment.
Maturity
The date on which the principal amount of a financial instrument such as a bond or loan is due to be paid in full.
Forest Industry
The sector involved in the management, conservation, harvesting, processing, and sales of forests and forestry products.
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