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

Category: C

CYCLICALLY ADJUSTED DEFICIT

Predicting the governments budget loss when the economy is normal. It assumes spending and taxes are unchanged but does not consider the effect of national income versus debt.

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.

CARRYING COST

In marketing, carrying cost refers to the total cost of holding inventory. This includes warehousing costs such as rent, utilities and salaries, financial costs such as opportunity cost, and inventory costs related

CASH AND CARRY

A system of wholesale trading whereby goods are paid for in full at the time of purchase and taken away by the purchaser.

CASH CONCENTRATION

The transfer of funds from diverse accounts into a central account to improve the efficiency of cash management.

CASH FLOW FORECAST

Cash flow forecasting is in a corporate finance sense, the modeling of a company or asset

CASH ORDER

When the required payment amount accompanies the order.

CASH VALUE LIFE INSURANCE POLICY

A life insurance policy that has cash value accumulation over the life of the policy. The premium is the same over the life of the policy. The premium is split between death

CATALOG AGGREGATOR

A company in Internet commerce that aggregates, collects, data on products from various sources to allow easy consumer comparison, source, and ordering of items exhibiting stable pricing and specification.

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