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Closed End Mortgage

A mortgage in which the amount of debt is fixed and cannot be increased during the life of the loan. It is the opposite of an open~end mortgage.

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Window Contract
A guaranteed investment contract purchased with deposits over some future designated time period (the window), usually between 3 and 12 months. All deposits made are guaranteed the same credit rating....

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Trading in any financial market involves substantial risk of loss and is not suitable for all investors. Any style of trading in any market condition is extremely risky and can result in substantial financial losses in a very short period of time. There is considerable exposure to risk in any transaction including but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a trade.

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