Examlex
The variable overhead efficiency variance measures the difference between the actual level of activity and the standard activity allowed for the actual output, multiplied by the fixed part of the predetermined overhead rate.
TSX
The Toronto Stock Exchange, which is the largest stock exchange in Canada, trading Canadian securities.
Dealer Market
A financial market mechanism in which buyers and sellers execute transactions through dealers who buy and sell for their own accounts.
Over-the-counter
Financial transactions conducted directly between parties outside of formal exchanges.
Secondary Market
The secondary market is where investors buy and sell securities they already own, such as stocks and bonds, to other investors or traders, after the initial issuance in the primary market.
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