A Qualifying Educational Institution is an educational institution in Canada that is a university, college or other educational institution that is:
a) designated by the Lieutenant Governor in Council of a province as a specified educational institution under the Canada Student Loans Act
b) designated by an appropriate authority under the Canada Student Financial Assistance Act,
c) designated by the Minister of Higher Education and Science of the Province of Quebec for the purposes of An Act respecting financial assistance for students of the Province of Quebec.
A Qualifying Educational Program is a program of not less than 3 consecutive weeks duration that provides that each student taking the program spend not less than 10 hours per week on courses or work in the program, and meets the following requirements:
This bias arises because some of any increase in the price of a fund may be due to an improvement in quality, rather than being a pure price increase.
A percentage rate of change calculated by comparing the data for a quarter with the data for the previous quarter and then compounding this figure at an annual rate to show what growth would be if it were to continue at the same rate, from one quarter to the next, for a whole year.
The highest bid to buy and the lowest offer to sell a security at a given time. For example, a quote of 45 1/4 – 45 1/2 means that 45 1/4 is the highest price a buyer will pay and 45 1/2 is the lowest price a seller will accept.