Saturday, January 2, 2010

Glossary of Terms


CESG Canada Education Savings Grant- a grant from the Government of Canada which encourages Canadian families to start saving for children's education after high school. 

COUPON - a voucher that calls for designated $ amount off the original price; expiry dates apply.


PROMOTION - a promotion that offers savings and only lasts certain period of time.


RECALL - a request to pull out dangerous or risky products from retailer.

RESP Registered Education Savings Plan - a registered account where you can start savings for your child's future education; this account can be open at almost any financial institution.