Month: November 2020

The National Registration Database (NRD) is a Canadian database that was launched in 2003 to replace the original paper form system. It allows security dealers and investment advisors to file registration forms electronically.

Hyperledger is an umbrella project, which offers the necessary framework, standards, guidelines and tools, to build open source blockchains and related applications for use across various industries. Using the available artifacts under the Hypeledger project, a business can apply various available blockchain solutions and services to significantly improve the performance of their operations and the efficiency of their business processes.

The Environmental Protection Agency (EPA) was established in December 1970 by the executive order of President Richard Nixon. It is an agency of the United States federal government whose mission is to protect human and environmental health. Headquartered in Washington, D.C., the EPA is responsible for creating standards and laws promoting the health of individuals and the environment.

A zero-investment portfolio is a collection of investments that has a net value of zero when the portfolio is assembled, and therefore requires an investor to take no equity stake in the portfolio. For instance, an investor may short sell $1,000 worth of stocks in one set of companies, and use the proceeds to purchase $1,000 in stock in another set of companies.

Oil sands, or tar sands, are sand and rock material which contains crude bitumen, a dense, viscous form of crude oil. Bitumen is too thick to flow on its own, so extraction methods are necessary. Oil sands are found primarily in the Athabasca, Cold Lake and Peace River regions of northern Alberta and Saskatchewan, Canada, and in areas of Venezuela, Kazakhstan, and Russia. Bitumen is extracted and processed using two methods, mining and in situ.

A limited partnership unit, or LPU, is an ownership unit in a publicly traded limited partnership, or master limited partnership (MLP). This trust gives the unit holder a stake in the income generated by the partnership company. A limited partnership unit is also referred to as a master limited partnership unit or a limited partner unit.

Oil sands, or tar sands, are sand and rock material which contains crude bitumen, a dense, viscous form of crude oil. Bitumen is too thick to flow on its own, so extraction methods are necessary. Oil sands are found primarily in the Athabasca, Cold Lake and Peace River regions of northern Alberta and Saskatchewan, Canada, and in areas of Venezuela, Kazakhstan, and Russia. Bitumen is extracted and processed using two methods, mining and in situ.

A limited partnership unit, or LPU, is an ownership unit in a publicly traded limited partnership, or master limited partnership (MLP). This trust gives the unit holder a stake in the income generated by the partnership company. A limited partnership unit is also referred to as a master limited partnership unit or a limited partner unit.

A white knight is a hostile takeover defense whereby a ‘friendly’ individual or company that acquires a corporation at fair consideration that is on the verge of being taken over by an ‘unfriendly’ bidder or acquirer, who is known as the black knight. Although the target company does not remain independent, acquisition by a white knight is still preferred to the hostile takeover.

Gapping is when a stock, or another trading instrument, opens above or below the previous day’s close with no trading activity in between. Partial gapping occurs when the opening price is higher or lower than the previous day’s close but within the previous day’s price range. Full gapping occurs when the open is outside of the previous day’s range. Gapping, especially a full gap, shows a strong shift in sentiment occurred overnight.