Category: C

The time of trading that happens at a narrow time without change in price. REfer to flat market and trading range.

1. when passengers have to transfer to another transport. 2. hooking up a utility or internet connection.

Policy that covers against indirect loss and property damage. It covers accidents and is sold with regular policies to help prevent further loss.

A form of MERCHANT BANK, popular in the EUROMARKETS during the 1970s and 1980s, jointly owned by several large international BANKS. Consortium banks were typically active in international LOAN origination and SYNDICATION,

A rule that restricts a governmental branch’s power.

A professional that has expertise requested for a fee. They work as an advisor but is not responsible for the outcome. Some changes have been made based on the information presented.

A disease that is infectious. It can be by indirect or direct contact. Not all are contagious and require a special transmission method.

1. Seeing how a firm can get more promotion from news or brand name mention. 2. Using the answers to open questions with numbers to see the different possible answers.

US insurance for a loss of cash should a sudden event cause a loss of business. A trust is started selling the note. When needed securities are converted into cash. It increases

When two entities trade merchandise or favors without using any money.

Site diffusing cost, junk and waste clearing cost, and other costs related to timely closure of a deal.

A trade which is recorded with the Commodity Futures Trading Commission or CFTC for trading in particular item or options deals. Check Commodity Futures Exchange; Derivatives.

Kind of instrument sale in which, the seller keeps the instrument for a given period and after that, he buys it back, at an agreed upon price, from the original buyer.

Policy which includes all kinds of risks related to a building project. Usually issued under the combined names of a builder and a client, normally it also contains insurance of public liability.

(1) In the EXCHANGETRADED DERIVATIVE market, the gradual drawing together of SPOT PRICES and FUTURES PRICES as contract maturity approaches; the convergence means that the BASIS, or price difference, gradually narrows. (2)

The broad area dealing with the way in which a company behaves towards, and conducts business with, its internal and external STAKEHOLDERS, including employees, investors, creditors, customers, and regulators. In certain national

A statistical measure of the relationship between two variables (e.g., financial ASSET prices), often used to determine the magnitude of CORRELATION. The covariance between two assets can be computed via: where xAj

A clause in a LOAN, BOND, or DERIVATIVE agreement indicating that a technical DEFAULT on one obligation triggers a technical default in all other obligations. Cross default clauses are commonly used in

The date past a discount or offer is available. The terms are no longer applicable at this date.