Securities/Investment Dealer

Definition

• An individual who acts on behalf of another party to buy and sell securities and other investments. Also called an underwriter.

Synonyms
investments dealer, securities dealer

Related Terms and Acronyms

• Bond — Definition,
  • A certificate of debt issued by a government or corporation guaranteeing payment of the original investment plus interest by a specified future date.
• Canadian Investor Protection Fund (CIPF) — Company Est. 1969, Canada, Important,
  • A Canadian not-for-profit that protects investors from a CIPF members' bankruptcy.
  ➥ Non-profit organization that provides investor protection for investment dealer bankruptcy.
• Debt — Definition,
  • Money one person or firm owes to another person or firm.
• Derivatives — Definition,
  • Financial contracts whose value is derived from the value of some underlying asset, rate or index. Derivatives are used as risk-management tools by governments and corporations to reduce exposure to risk, mainly related to fluctuations in foreign-exchange and interest rates. Derivative instruments include swaps, options, futures and forward contracts and are used by banks in two principal activities: sales/trading and asset/liability management.
• Equity — Definition,
  • Ownership in an asset.
  • The value of a property minus outstanding mortgage debt and other liens.
• Futures — Definition,
  • Contracts to buy something in the future at a price agreed upon in advance. They first developed in the agriculture commodity markets but often involve foreign exchange, Eurodollar deposits and government bonds.
• Investment — Definition,
  • Something you put your money into in order to make money.
• Investment Industry Regulatory Organization of Canada (IIROC) — Company, Toronto, Ontario, Canada, Important,
  • An organization that regulates, sets standards, and has quasi-judicial power over securities dealers in Canada.
• Mutual Fund — Definition,
  • A type of investment scheme that pools funds from multiple backers and invests them in securities such as stock or bonds.
• Open-end Fund — Definition,
  • A mutual fund that allows investors to buy or sell shares in the fund at their net asset value each business day.
• Secondary Mortgage Market — Definition, Important,
  • The trade in home loans that are bundled together and sold as securities to investors. It frees money so more people can get mortgages.
• Security — Definition,
  • Property designated as collateral.
  • A document stating ownership of a stock or bond.
  • A tradable financial implement that represents ownership, the rights to ownership or debt.
• Segregated Fund — Definition,
  • Investment vehicles that feature both maturity and death guarantees. Segregated funds share similarities with mutual funds but are categorized as insurance products.
• Stock — Definition,
  • A share of the ownership of a company.