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

Category: C

CAPTURE RATE

The percentage of generated secondary materials actually recovered from a household or business.

CARCINOGEN

Any substance, radionuclide or radiation, that is an agent directly involved in causing cancer. This may be due to the ability to damage the genome or to the disruption of cellular metabolic

CAREER PLATEAU

Occurs when an employee has reached the highest position level he or she can possibly obtain within an organisation and has no future prospect of being promoted due to a lack of

CARRIED INTEREST

in finance, is a share of the profits of a successful partnership that is paid to the manager of the partnership (a private equity fund or hedge fund) as a form of

CARTONBOARD

Paperboard is a thick paper based material. While there is no rigid differentiation between paper and paperboard, paperboard is generally thicker (usually over or 10 points) than paper.

CASH BALANCE PLAN (CBP)

A defined benefit retirement plan that maintains hypothetical individual employee accounts like a defined contribution plan.

CASH COW

In business, a cash cow is a product or a business unit that generates unusually high profit margins: so high that it is responsible for a large amount of a company’s operating

CASH FLOW STATEMENT

In financial accounting, a cash flow statement, also known as statement of cash flows or funds flow statement, is a financial statement that shows how changes in balance sheet accounts and income

CASHING

Receiving cash in exchange for a financial instrument, such as a stock, or policy or check or guarantee or draft.

CATASTROPHE SWAP

Investors use this options contract to swap or exchange a portion of the difference of insurance premiums to losses caused by claims with a fixed payment. New York Catastrophe Exchange is trading

CENSUS BUREAU

The government department that conducts a regional or national census. This bureau also researches the census results to provide accurate information regarding the country’s people and economy, based on the census data

CENTUM CUBIC-FEET (CCF)

Measurement of industrial consumption of natural gas or water is taken in this unit. One CCF is 100 cubic feet.

CERTIFICATE OF PARTICIPATION (COP) LEASE

When investors buy a lessor’s ownership interest to share in the income from the leased asset and in the associated tax advantages in proportion to their investment, the Lease arrangement is document

CHAMBER OF COMMERCE (COC)

A city-wide, regional, or country-wide business group focused to protect and promote the economic interests of its members through legislative and other means. The International Chamber of Commerce in Paris affiliates most

CHANGE OF SCOPE

A change requested or directed in the magnitude and/or composition of a project by a principal or client after the award of contract.

CHECK STUB

A check’s portion retained as a record by the check writer; for account keeping purposes, such as the stub part of a payroll check. The stub has an area for payments to

CHEMICAL STRESSOR

A substance that forces change, usually damage, on living organisms or ecosystems, or reduces their ability to cope with environmental changes. This occurs when the substance is released unplanned and unwanted into

CHIEF FINANCIAL OFFICER (CFO)

Most senior executive responsible directly for the financial planning and execution of the firm. The CFO is accountable for all accounting functions including: (1) control over credit, (2) budgets and financial statements

CHOOSER OPTION

An OVERTHECOUNTER COMPLEX OPTION that permits the buyer to choose between an underlying CALL OPTION and PUT OPTION with identical STRIKE PRICES and maturities from trade date until a defined

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