Brownfield Investment
What is a Brownfield Investment? In economics, a brownfield investment (BI) is a type of foreign direct investment (FDI) where a company invests in an existing facility to start its operations in the foreign country. In other words, a brownfield investment is the lease or purchase of a pre-existing facility in a foreign country. Understanding...
Normal Yield Curve
What is a Normal Yield Curve? A normal yield curve is a graph that shows the association between the yield on bonds and maturities. In a normal yield curve, short-term debt instruments with the same credit quality as long-term debt instruments provide higher yields than the latter, due to the unusual considerations to the time...
Normal-Course Issuer Bid (NCIB)
What is the Normal-Course Issuer Bid (NCIB)? Normal-Course Issuer Bid (NCIB) is a Canadian-based stock buyback program, where a listed public company repurchases its shares to cancel them. The publicly-traded company, under certain restrictions outlined in Policy 5.6, is only allowed to buy between 5% and 10% of its shares over 12 months, depending on...
Note
What is a Note? A note is a debt security that obligates issuers to repay the creditor the principal amount of the loan and any interest payments within a defined time frame. Individuals, companies, and even financial institutions may issue a note, and it allows them to obtain financing from any other source other than...
Value-Added Monthly Index (VAMI)
What is a Value-Added Monthly Index (VAMI)? A value-added monthly index (VAMI) is a type of index used by investors to measure the performance of an investment based on a hypothetical $1,000 investment over a period of time. Also, the VAMI is used to compare various funds, set goals, budget for capital expenditures, evaluate the...
