Cristal

Accumulated Income Payments (AIP).

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The AIP is a payment made by the government to the account holder of a Registered Education Savings Plan (RESP) to help with the costs of post-secondary education. The AIP is based on the income earned on the RESP investments and is paid out to the account holder when the money is withdrawn to pay … Read more

Cash-and-Carry-Arbitrage Definition.

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Cash-and-carry arbitrage is a trading strategy that involves simultaneously buying an asset and selling a future contract on that asset. The trade is typically entered into when the asset’s price is low and the futures contract’s price is high, in the hope that the asset’s price will increase before the futures contract expires, allowing the … Read more