Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: C

CONTINGENT RENT

Rent that changes from month to month according to the finances of the tenant.

CONTRA ACCOUNT

1.An account that is used to offset an associated account. 2. An account that offsets another with credit. 3. An account used to offset liability for another.

CONTRACT CLAUSE

Provision provided in a scripted agreement or deal. A deal clause will approach a side of the deal between parties, specifying the agreement for ensuring that all parties comprehend what they should

CONTRACT MANUFACTURING

A firm producing goods under the brand name of a different firm. Contract producers deliver such assistance to many firms (even competitors) depending on theirs or their customer

CONTRACT PROCEDURES

Established actions and customs, implemented by parties of contract, for ensuring that a deal, which they have entered, is carried out systematically. The chief goal of contract process is to make sure

CONTRACTIONARY GAP

It is a theory of macro-economy which describes an economy which does not operate at maximum employment equilibrium. The outcome of a gap of contractionary nature is a low degree of GDP

CONVENIENCE YIELD

The nonmonetary return that is derived from holding an ASSET, such as not facing a shortfall in the event of excess demand. The existence of a convenience yield creates an incremental return

CORPORATE CONTROL MARKET

The broad marketplace for trans actions that are designed to change the ownership, structure, and/or control of a company. Common corporate control transactions include MERGERS, friendly or HOSTILE TAKEOVERS, LEVERAGED BUYOUTS, and

COUPON

The periodic CASH FLOW payable by an issuer or borrower to an investor or lender for the use of DEBTbased CAPITAL. Coupon payments may be based on fixed or floating INTEREST RATES,

CROSS-ASSET HEDGE

Aproxy or substitute HEDGE that is used when an exact replicating hedge is not available, generally by identifying a contract (e.g., a DERIVATIVE) that has a high degree of CORRELATION with the

CUTANEOUS HAZARD

A substance that causes skin damage, defatting, dermatitus, irrititation, and rashes.

CYCLICAL STOCK

A security that is issued based on the companies economic trends. It is better when the economy is better and declines when the economy does. Compare this term to Noncyclical stock.

CALCULATED

Carefully planned or intended or (of an amount or number) mathematically worked out or measured.

CALL LOAN RATE

The rate of interest a bank charges a brokerage firm on collateralized loans for its margin account clients. The call rate is published daily in the Wall Street Journal.

CALL PROTECTION

Time during which a security, with a call provision, cannot be redeemed by the issuer. Corporate and municipal issuers typically have a call protection period of 10 years.

CAMERA READY

(Of matter to be printed) In the right form and of good enough quality to be reproduced photographically onto a printing plate.

CANDLEPOWER

A now-obsolete unit which was used to express levels of light intensity in terms of the light emitted by a candle of specific size and constituents. In modern usage Candlepower equates directly

CAPACITY OVERHEAD EXPENSE

Factoring costs such as insurance, property tax, rent, etc that are associated with owning/operating a specific facility.

CAPTIVE AUDIENCE

An audience that is stationary and remains in view of a screen for a period of time. Examples include transport (taxis, buses, trains etc.), in-flight advertising on seat-back entertainment systems, overhead storage

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