Skip to main content

OSC Glossary

Terms

Acronym Category Description
E&C OSC 

Enforcement & Compliance – The OSC goal to deliver effective compliance programs and fair, vigorous and timely enforcement.

(Source: OSC Strategic Plan)

EAD Markets

Exposure at default is the expected amount of exposure to a particular obligor at the point of default. It is typically less than the nominal exposure due to the availability of collateral and credit mitigation techniques.

(Source: Morgan Stanley Intuition website)

 EBITA  Markets

Earnings Before Interest,Taxes and Amortization is most commonly used when equating profitability and efficiency ratios for firms. The necessary figures for calculating EBITA can be found on a company’s income statement.

 ECAI  Markets

Eligible credit assessment institution.

(Source: Allen & Overy Briefing Papers Glossary)

 EEA  Markets

European Economic Area unites the 27 EU Member States and the three EEA EFTA States (Iceland, Liechtenstein, and Norway) into the Internal Market governed by the same basic rules.

(Source: EFTA website

 EFAP  OSC

Employee Family Assistance Program is an OSC service offered to assist employees with a variety of life changes. EFAP provide services in support of legal, financial, health, and wellness or family concerns.

(Source: OSC intranet

 EL  Markets

Expected  Losses are the losses that a bank expects to suffer in respect of a particular asset.

(Source: Morgan Stanley Intuition website)

 EME  Markets

Emerging Market Economy is an economy with low to middle per capita income. Such countries constitute approximately 80% of the global population, and represent about 20% of the world's economies. 

(Source: Investopedia)

 Emerg  OSC

Emerging Markets aka BRICS – term used in CF

 EMIR  OSC

Emerging Markets Issuer Review represents the OSC’s increased focus on acting on identified risks and responding in a timely manner to address investor concerns.

(Source: OSC Annual Report)

 EMT  OSC

Executive Management Team is a grouping of OSC directors of branches (VP and SVP level).

(Source: OSC website)

 Enforcement  OSC

Enforcement is the OSC branch responsible for investigating and litigating breaches of the Securities Act (Ontario) and seeking orders in the public interest before the   Commission and the courts.

(Source: OSC website, Branches & Offices page)

 ETF  Markets

Exchange Traded Fund is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on an exchange.

(Source: Investopedia)

 Exemptions  OSC

Exemptions, aka exempt distributions or private placements, are cases in which investment funds can issue securities in reliance on an exemption from the registration   or prospectus requirements. They are contained in OSC Rule 45-501 Ontario   Prospectus and Registration Exemptions and other rules and regulations under the Securities Act.

(Source: OSC website, Information for: Investment Funds page)  

 Exempt Market  Markets

Exempt market is securities that can be sold without a prospectus. Dealers can sell   securities to clients deemed wealthy and sophisticated enough to dispense with the usual disclosure before investing.

(Source: BCSC website, Invest Right page)