Adjusted Cost Base (ACB) Definition.

The Adjusted Cost Base (ACB) is the cost of an investment adjusted for capital gains or losses. The ACB is used to calculate the capital gain or loss when an investment is sold. The cost of an investment includes the purchase price, plus any commissions or fees paid. If the investment is a security, the … Read more

Terms of Employment.

The term “Terms of Employment” refers to the legally binding agreement between an employer and an employee which outlines the rights and obligations of each party. This agreement typically includes such things as the employee’s job duties, compensation, and the duration of employment. What are terms and conditions examples? The terms and conditions of a … Read more