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

Category: C

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

The branch of mathematics that deals with the finding and properties of derivatives and integrals of functions, by methods originally based on the summation of infinitesimal differences. The two main types are

CALL MONEY MARKET

Market in which brokers and dealers borrow money to satisfy their credit needs, either to finance their own inventory of securities or to cover their customers’ margin accounts.

CALL RISK

The risk that a bond will be called prior to its maturity date, causing the bond’s principal to be returned sooner than expected.

CAMPUS ACCOMMODATION

Rooms in a university or college halls of residence, occupied by students during term time and visitors during student holidays. This is a good option for those on a tight budget.

CANNED PRESENTATION

A memorized speech that is designed to target all audience members without any discrimination.

CAPITAL ASSET

An asset that is set to generate income and one depreciation is claimed usually.

CAPITALIZATION RATE

For example, if a building is purchased for $1,000,000 sale price and it produces $100,000 in positive net operating income (the amount left over after fixed costs and variable costs are subtracted

CAPTIVE CUSTOMER

A customer who does not have realistic alternatives to buying power from the local utility, even if that customer had the legal right to buy from competitors.

CARBON RESERVOIR

An underground oil or gas trap formed in reefs, clastic limestones, chemical limestones, or dolomite.

CAREER LADDER

The process of using a previously earned post-secondary credential to enter another program at a higher level.

CARRIAGE OF GOODS BY SEA ACT

A United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S.

CARRYOVER EFFECTS

In within-subject designs, the undesirable effect that testing participants in one condition has on their later behavior in another condition. Carryover effects are a primary reason that researchers use counterbalancing. See also

CASH CONTROL

Trying to allocate any funds spent in battles & wars as gifts to other family.

CASH FLOW LOAN

A type of debt financing, in which a bank lends funds, generally for working capital, using the expected cash flows that a borrowing company generates as collateral for the loan.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.