Advanced Company (TSX Venture)

DEFINITION of 'Advanced Company (TSX Venture)'

An issuer listed on Canada's TSX Venture exchange that has significant financial resources and satisfies the exchange's tier 1 listing standards. Such an advanced company or tier 1 issuer benefits from a more favorable regulatory environment and increased opportunity for participation by institutional investors. As the premier tier, there are fewer advanced or tier 1 companies on the TSX Venture exchange than tier 2 companies.

BREAKING DOWN 'Advanced Company (TSX Venture)'

Tier 1 companies have to meet more stringent listing criteria than tier 2 companies on the TSX Venture exchange. For example, in order for a mining company to be classified as a tier 1 issuer, the initial listing requirements include net tangible assets of at least $2 million, a material interest in a tier 1 property, and adequate working capital and financial resources to carry out its stated work program or execute the business plan for 18 months following listing. These are much higher than the requirements for tier 2.

RELATED TERMS
  1. Tier 3 Capital

    Tertiary capital held by banks to meet part of their market risks, ...
  2. Real Estate Tier Classifications: ...

    Cities are categorized as Tier I, Tier II, or Tier III depending ...
  3. Tier 2 Capital

    One of two categories by which a bank's capital is divided. Tier ...
  4. Tier 1 Leverage Ratio

    The relationship between a banking organization's core capital ...
  5. Tier 2 Spill

    The second of the three types of oil spills as categorized by ...
  6. Capital Pool Company (TSX Venture)

    A new, fledgling company trading on Canada's TSX Venture exchange ...
Related Articles
  1. Markets

    What's Tier 2 Capital?

    Tier 2 capital is a category of supplementary capital that banks hold.
  2. Markets

    Is Your Bank On Its Way Down?

    Find out how the Tier 1 capital ratio can be used to tell if your bank is going under.
  3. Markets

    Explaining Tier 1 Capital

    Tier 1 capital refers to the core capital a bank must maintain in relation to its assets.
  4. Markets

    History Of The Toronto Stock Exchange

    Find out how the third-largest stock exchange in North America came to be.
  5. Markets

    Explaining the Tier 1 Leverage Ratio

    The Tier 1 leverage ratio measures a bank’s core capital against its total assets.
  6. Investing

    Calculating the Tier 1 Capital Ratio

    The Tier 1 capital ratio is a measure of a depository financial institution’s financial health and capital adequacy.
  7. Investing

    Understanding the Capital Adequacy Ratio

    The capital adequacy ratio (CAR) is an international standard that measures a bank’s risk of insolvency from excessive losses. Currently, the minimum acceptable ratio is 8%. Maintaining an acceptable ...
  8. Markets

    Understand the SEC Rules on Equity Crowdfunding

    The SEC's adoption of equity crowdfunding rules, initiated under the JOBS Act, enables small investors to invest in companies that show early potential.
  9. Markets

    Calculating Tier 1 Common Capital Ratio

    The tier 1 common capital ratio compares a financial institution’s core equity capital to its risk-weighted assets.
  10. Markets

    My Mini-IPO: The Reality of Equity Crowdfunding

    Regulation A+, part of Title IV of the JOBS Act, has made equity crowdfunding a reality in the U.S. What does that mean for investors and entrepreneurs?
RELATED FAQS
  1. What is the difference between tier 1 capital and tier 2 capital?

    Learn what tier 1 capital and tier 2 capital, the differences between them, and how to calcu, alate a bank's capital ratio. Read Answer >>
  2. How can I calculate the tier 1 capital ratio?

    Learn about the tier 1 capital ratio, what the ratio indicates about a firm's capital adequacy and how to calculate a firm's ... Read Answer >>
  3. How can I calculate the leverage ratio using tier 1 capital?

    Learn about the tier 1 leverage ratio, how to calculate the tier 1 capital ratio and what this leverage ratio indicates about ... Read Answer >>
  4. If my brother-in-law, who works at a pharmaceutical company, tells me about his research ...

    Discover what tier 1 capital measures about a bank. Tier 1 capital levels were mandated by Basel III following the financial ... Read Answer >>
  5. What are some of the well-known no-load funds?

    Find out more about the capital to risk-weighted assets ratio, what the ratio measures and the formula used to calculate ... Read Answer >>
  6. How do I calculate the capital to risk weight assets ratio for a bank in Excel?

    Learn more about the capital to risk-weighted assets ratio and how to calculate a bank's capital adequacy ratio using Microsoft ... Read Answer >>
Hot Definitions
  1. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  2. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  3. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  4. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  5. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  6. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
Trading Center