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Category: C

CLOSING ENTRIES

Final bookkeeping entries posted at the end of an accounting period for reducing all nominal, temporary accounts to zero. Balances of these accounts are moved to the income summary account, and drawings

CNBC

Acronym for a subsidiary of the National Broadcasting firm, NBC, that provides business and financial news. In 1989 NBC and Cablevision agreed on a deal to operate this network. Some of CNBC’s

CODEX

Collected conduct or rules in a reproducible document.

COGNITION

Mental procedures of judging, knowing, learning, perceiving, recognizing, retention, thinking, and understanding. These lead awareness and some understanding of the world around us.

COLD ROLLED STEEL

Procedure for metal forming a steel ingot, cooled to a temperature making the metal no longer pliable or plastic, to be forged or rolled into sheets or other shapes. Known also as

COLLATERAL TRUST BOND

Securities of subsidiary firms typically from holding firm or against its own bonds or other obligations by an investment trust . Short term debt security. Known also as collateral trust certificate or

COLLISION DEDUCTIBLE

Amount an insured pays out-of-pocket and deducted from an awarded insurance claim. This is typically a fixed sum, or a percentage of the total claim amount set when claiming insurance for a

COMMERCIAL UNIT

The amount an item can be sold as a single unit. The character of the item must remain uniform and remain usefull as well. Or the amount or unit of measurement.

COMMON CARRIER

1.a company offering services to the public over wires or satelite systems. 2. a transporter that serves all public, follows a schedule, carries specified cargo, and is the carrier of the contract

COMPETITION COMMISSION (CC)

A UK body established in 1998 that ensures antiMONOPOLY and free competition rules are upheld, particularly as related to MERGERS and ACQUISITIONS. The work of the Commission is nonbinding and must be

COMPETITIVE NEGOTIATION

A way to request proposals from contractors. The contract is sent in and negotiations begin. If the bid doesn’t match than another is considered. The process is done when the winner is

COMPETITOR ANALYSIS

Identifying the competitions weakness and strength and using that your firm’s advantage in the market.

COMPLETION

When the project itself repays the loans. Before a contract is done the sponsor is the source of cash flow.

COMPLEXITY THEORY

Ideas that try to explain complex happenings in traditional ways. It integrates many theories to do this. It tries to get complex behavior into simple rules and connections.

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