STOCK MARKET
What stock symbol is this?
WMT
Walmart
What is an SIN number and what is it used for?
Social Insurance number. It is used to identify you for the government.
When your pay goes straight to your bank account?
Direct Deposit
What does APR stand for?
Annual Percentage Rate
What does MER stand for?
Management expense ratio
What does PE ratio stand for?
price-to-earnings ratio
What is a tax refund?
A tax refund is money that you have overpaid given back.
What does Y.T.D mean?
Year to date
What is a billing cycle?
The period of time between billings
What is an investment mix?
The industries a company works in.
What is a market cap?
The total value of all a company's shares of stock
What is a taxable income?
The value of what you have received is included in your income for the year.
The amount of money you take home is...
Net Pay
What is a line of credit?
An amount of money that a bank has agreed to lend you.
What is the NASDAQ index?
A stock market index of the common stocks
What does EPS stand for?
Earnings Per Share
What is an PRPP?
Pooled registered pension plan.
The amount of your cheque before deductions is...
Gross pay
What is a bounced cheque?
A cheque that cannot be processed by the bank because the person doesn't have the money in their account.
Do you have to pay income tax on a fund?
Yes. You do pay income take on any money you make on a fund.
What is a Previous Close?
The prior day's final price of the stock.
How does marital status affect your taxes?
It changes the way you file your taxes and you can get benefits.
What is another word for wage?
Rate
What does NSF stand for?
Non-Sufficient Funds
What does TFSA stand for?
Tax-Free Savings Account