Category: C

Abbreviated form of Consolidated Fund Annuities, representing PERPETUAL DEBT issued by the UK government as part of its GILT program. Consols, which form part of the government

An industry where units are of comperable cost regardless of volume or growth potential. Input costs don’t go up when demand does in this case.

Teaching idea that considers learning what happens in the students brain based on their own thoughts being related to a new experience. They each make their own models of the world to

The way a customer buys from a business on the internet.

Preventing the consequences of a bad event in a company.

Charging commission based on profit from reinsurance. The ceding company gets this plus the normal commission.

The way a business manages their system without disrupting their services or delivery. A computer program is often used for this purpose. If the company handles data or communication needs it must

Sum agreed upon during deal dialogues, outside which the main (customer or project proprietor) has no duty to pay.

Procurement article conclusively specified in a request for bids or IFB paper. The bidder is expected to give separate pricing for this item. Deals for line articles may, under the conditions of

An entity or a person who grants a deal for an assignment and takes the responsibility of paying the contractor. Also known as principal, client, contractee or owner (project

Contract year is the amount of time between the effective date and the expiration date.

A formula which shows the amount an employer would pay for any plan of profit sharing. This formula could also be used for plan related to purchasing money.

A provision detailing what portion of a claim the insurer pays and what portion the insured pays.

The implicit or explicit price a company must pay to manage its RISK exposures; it is typically comprised of the expected costs and direct and indirect losses arising from RISK RETENTION, LOSS

A single COLLATERAL agreement that covers multiple LOANS or credit facilities. Also known as DRAGNET CLAUSE. See also POOLED PORTFOLIO COLLATERAL, TRANSACTIONSPECIFIC COLLATERAL.

The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it

A plan that allows employees to choose the allocation of their premiums and the composition of their benefits.

Periodic or continuous rights given to the lender to cause payment of the total principal balance prior to the maturity date.

An instance of being summoned, esp. in order to deal with an emergency or to do repairs.