 |
Definition of 'Toronto Dollar'
A local currency used in Toronto, Canada, primarily in the St. Lawrence Market and Gerard Square areas. Only local businesses accept Toronto dollars, which are part of an initiative to encourage consumers to shop locally. Consumers can obtain Toronto dollars at designated local outlets and spend them with any local merchant that accepts them. Toronto dollars are paper bills that come in denominations of 1, 5, 10 and 20 dollars.
|
 |
Investopedia explains 'Toronto Dollar'
In circulation, one Toronto dollar is worth one Canadian dollar. When consumers exchange Canadian dollars for Toronto dollars, ten cents of every Canadian dollar goes to support local community organizations and the other 90 cents goes into a reserve to support redemptions of Toronto dollars. Consumers receive one Toronto dollar for every Canadian dollar they exchange, but businesses only receive 90 cents for every Toronto dollar they redeem.
|
Search results for 'Toronto Dollar'
-
http://www.investopedia.com/articles/economics/11/introduction-complementary-currencies.asp
... Individuals receive one Toronto dollar for every Canadian dollar they exchange,
but businesses only receive 90 cents for every Toronto dollar they redeem. ...
-
http://stocks.investopedia.com/stock-analysis/2009/Five-Stocks-For-The-Dollar-Portfolio-DG-DLTR-FDO-DLLR-DTG1130.aspx
... The professionals do it all the time. (For more, see Investing In A Low-Dollar World.)
Use ... By Will Ashworth Will Ashworth lives and works in Toronto, Canada. ...
-
http://stocks.investopedia.com/stock-analysis/2010/Revisiting-The-Dollar-Portfolio-DG-DLTR-FDO-DLLR-DTG0429.aspx
... The dollar portfolio might take things to the extreme, but what matters most is
whether you ... By Will Ashworth Will Ashworth lives and works in Toronto, Canada. ...
-
http://www.investopedia.com/articles/forex/09/canadian-dollar-loonie-commodity-oil.asp
... The CurrencyShares Canadian Dollar Trust (NYSE:FXC) tracks the loonie's daily
performance ... of some of the largest stocks that trade on the Toronto Stock Exchange ...
-
http://stocks.investopedia.com/stock-analysis/2010/Hertz-Back-In-The-Drivers-Seat-HTZDTGCARF0916.aspx
... The Hertz-Dollar Thrifty share in those key markets will now reach 38%, well ... several
decades working in the investment business in places like Toronto, New York ...
-
http://www.investopedia.com/articles/forex/07/equities-currency.asp
... When the Canadian dollar hit a 31-year high in 2007, Canadian companies ... This increase
raised the market share of Toronto-Dominion Bank, Canada's third largest ...
-
http://stocks.investopedia.com/stock-analysis/2010/Private-Equity-Kills-Balance-Sheets-DG-KAR-KKR-BX1224.aspx
... However, in 2006, Dollar General's cash flow from operations was $555 million, just
$121 ... By Will Ashworth Will Ashworth lives and works in Toronto, Canada. ...
-
http://stocks.investopedia.com/stock-analysis/moneyshow/CanadasGurusMakeYourStockPicks.aspx
... the cascade of bad news, two of our contestants—Steven Palmer, president and chief
investment officer of AlphaNorth Asset Management in Toronto, and Malvin ...
-
http://stocks.investopedia.com/stock-analysis/moneyshow/GetReadyforaDifferentGoldFrenzy.aspx
... Rather than commit to the multibillion-dollar cost of a major new project ... (Toronto:
OSK), which has just begun production at its mine in Malartic, Quebec, and ...
-
http://stocks.investopedia.com/stock-analysis/2009/Buying-England-By-The-Pound-BP-HBC-AZN-VOD-VZ1028.aspx
... The Bottom Line With so much uncertainty surrounding the US dollar, it seems ... several
decades working in the investment business in places like Toronto, New York ...
|
|
