Glossary
A refurbished phone or device is one that the company has fixed up to re-sell. Usually the device was owned by someone else and given back to the company.
A Registered Education Savings Plan (RESP) is a special account you can use to save money for your child’s university, college, or trade school education.
You might get some tax benefits by saving money in this type of account. There are also rules you must follow to put money in the account.
A Registered Retirement Savings Plan (RRSP) is a special account you can use to save money for your retirement. It is sometimes also called an RSP or Retirement Savings Plan.
You might get some tax benefits by saving money in this type of account. There are also rules you must follow to put money in the account.