Canada Education Savings Grant (CESG) Definition.

The Canada Education Savings Grant (CESG) is a government grant that is provided to eligible Canadian families to help them save for their children’s post-secondary education. The CESG is paid out by the government into a Registered Education Savings Plan (RESP) and is available to children who are between the ages of 0 and 17. … Read more

Types and examples of direct foreign investment (FDI).

Types and Examples of Foreign Direct Investment (FDI) What are the types of international investment? There are four main types of international investment: 1. Foreign direct investment (FDI): This is when a company expands its operations into another country by setting up a subsidiary or acquiring an existing company. 2. Portfolio investment: This is when … Read more

Foreign Exchange Dealers Association of India (FEDAI).

The Foreign Exchange Dealers Association of India (FEDAI) is an organization of banks dealing in foreign exchange in India. The Association was set up in 1958 with the objective of Regulating the foreign exchange business in India. The Association provides guidance to its members on all aspects of foreign exchange dealing, and also helps them … Read more

ADRs: Types, Pricing, Fees, Taxes.

ADRs 101: Types, Pricing, Fees, Taxes. ADRs are financial instruments that represent shares of foreign stocks traded on U.S. exchanges. ADRs are issued by American banks and brokerages and can be traded just like regular stocks. There are four main types of ADRs: sponsored, unsponsored, direct, and level II. Sponsored ADRs are issued by companies … Read more

Korea Investment Corporation (KIC).

The Korea Investment Corporation (KIC) is a sovereign wealth fund established by the government of South Korea. The KIC’s mission is to manage the country’s foreign exchange reserves in a way that maximizes returns and minimizes risk. The KIC invests in a variety of asset classes including stocks, bonds, real estate, and private equity. The … Read more

What Is the Dow Jones Sustainability World Index?

The Dow Jones Sustainability World Index (DJSI World) is a global index that tracks the performance of the world’s leading companies in terms of sustainability. The index is compiled by Dow Jones Indices and RobecoSAM, a sustainable investment specialist. The DJSI World covers all sectors and industries, and comprises companies that are leaders in terms … Read more

Group of Five (G5) Definition.

The Group of Five (G5) is a group of five nations–France, the United States, the United Kingdom, Germany, Japan–that are seen as the leading economies in the world. The group’s informal status was first recognized in the 1973 Bonn Economic Summit, and its first official meeting was held in 1975. The term “Group of Five … Read more

Dhaka Stock Exchange (DSE) Definition.

The Dhaka Stock Exchange (DSE) is the prime and only stock exchange of Bangladesh. The exchange was incorporated in 1954 and commenced operations in 1956. It is located in Motijheel, in the heart of Dhaka. As of May 2015, the DSE has a market capitalization of over $24 billion. The DSE is a member of … Read more

Defining Renationalization.

The term “renationalization” refers to the process by which a country or company regains control over an industry or asset that was previously owned by another country or company. This can be done through a variety of means, such as nationalization (where the government seizes control of an industry or asset), re-regulation (where the government … Read more