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Toronto Index Participation Securities
Definition
Direct investment vehicle, which is made up of stocks listed on the Toronto Stock Exchange. These securities are purchased and sold just like any other common stock and provide certain tax benefits to the owner(s).
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Nearby Terms
- topping out
- topping-up clause
- topple rate
- top-slicing
- Toraku Index
- Toronto Index Participation Securities
- Toronto Stock Exchange
- torpedo stock
- Torrens system
- tort
- tortfeasor
