Glossary: T

(1) | A (8) | B (2) | C (10) | D (10) | E (3) | F (5) | G (5) | K (1) | L (2) | M (3) | N (2) | O (1) | P (6) | Q (2) | R (4) | S (75) | T (2) | U (2)
  • Qualifying security

    A qualifying security is a security that is traded on a recognized stock exchange. The donation of a qualifying security is eligible for a tax receipt.

  • Non-qualifying security

    A non-qualifying security is, generally, a security where the owner of the security (e.g. a shareholder) is not at arm's length with the issuer of the security (e.g. a private company).  A charity can issue a tax receipt to the donor of a non-qualifying security in some circumstances.  The charity should get professional (legal, accounting or tax) help when someone intends to make this kind of gift.

  • Kinds of property

    • Tangible property (property that a person can touch)
      • real property (land and attached buildings)
      • capital property (property that is purchased with the intention of holding or using it, rather than reselling it)
        • depreciable property (property that is expected to be used, generally in a business, over a number of years)
        • personal use property (property generally used by a person, not in a business context)
          • listed personal property (specifically identified property that is expected to increase in value over time, such as various types of collections)
          • other personal use property
        • other capital property
      • non-capital property (inventories of goods held for resale)
    • Intangible property (that is, property that has no physical form)
      • securities and investments
        • qualifying securities (generally, securities that are traded on a stock exchange)
        • non-qualifying securities (securities that are not traded on a stock exchange)
      • interests in tangible property
        • leasehold interests (the right to possess and use a property for a period of time, through a lease)
        • residual interests (the remaining rights to a property after the current owner continues to possess and use it; these rights are usually created in a will)
      • intellectual property (trademarks, patents, licenses, and so on)
      • other legal rights and intangibles