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

Category: C

CONTENTS RATE

The premium rate charged for a building’s conent not the building itself.

CONTINUATION

A work of an author that is intended to finish an unfinished piece. It can be a series of several works.

CONTRACT DOCUMENTS

Processed deals, additional conditions, draftings, classifications and other archives related to a deal.

CONTRACT MONTH

The particular month when a transfer would occur in closure of a deal, in case of futures trading.

CONTRACT RECEIPTS

Deliveries obtained under a deal that covers a duration of one or more year.

CONVERTIBILITY RISK

The RISK of loss arising from an inability to convert local currency into a fully CONVERTIBLE CURRENCY and/or to repatriate convertible currency back to a home country as a result of EXCHANGE

CORPORATE SUSTAINABILITY

The concept and action of ensuring that a corporate organization exists in perpetuity, providing returns and benefits for multiple generations of internal and external STAKEHOLDERS. Sustainability generally demands close ties and cooperation

COVERED PUT

An OPTION position where the seller of a PUT OPTION already has sufficient cash on hand to purchase the UNDERLYING ASSET if the buyer EXERCISES the option. Selling covered puts is a

CROSS-MARGIN AGREEMENT

An agreement between two or more EXCHANGES that permits MARGIN requirements to be computed on a net, rather than gross, basis. Such an agreement avoids

CUT-OFF SCORE

The minimum need lenders use for credit approvals. It is based on FICO scoring systems. The score changes from one lender to another based on each institution. The party in need may

CYCLICALLY ADJUSTED SURPLUS

The extra income that can be expected assuming normal economic behavior. Taxes and spending are assumed to be the same.

CALCULUS OF VOTING

Refers to any mathematical model which predicts voting behavior by an electorate, including such features as participation rate. A calculus of voting represents an hypothesized decision-making process.

CALL MONEY RATE

Also called the broker loan rate , the interest rate that banks charge brokers to finance margin loans to investors. The broker charges the investor the call money rate plus a service

CALL SIGN

A message, code, or tune that is broadcast by radio to identify the broadcaster or transmitter.

CANADIAN COMPETITION ACT

A federal law that governs business practices in Canada. The Canadian Competition Act includes criminal and civil provisions intended to prevent anti-competitive practices in the marketplace.

CANNED PROGRAM

A software program written to meet the expected customer needs of a certain application. Opposite of custom programs.

CAPITAL FLIGHT

In economics, occurs when assets and/or money rapidly flow out of a country, due to an economic event that disturbs investors and causes them to lower their valuation of the assets in

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