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

Category: C

CURVE RISK

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

CYCLE TIME

The time needed to do one cycle or complete a function from start to finish. It is used to compare total run time to total time of a process.

CAFETERIA PLAN

A cafeteria plan is a type of employee benefit plan offered in the United States pursuant to Section 125 of the Internal Revenue Code. Its name comes from the earliest such plans

CALL DEPOSIT ACCOUNT

An investment account offered through banks which allows investors instant access to their accounts. Withdrawals and deposits can be made at any time. Rules and benefits differ depending upon the bank offering

CALL PREMIUM

Premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its

CALVO DOCTRINE

The Calvo Doctrine is a foreign policy doctrine which holds that jurisdiction in international investment disputes lies with the country in which the investment is located. The Calvo Doctrine thus proposed to

CANCELLATION CLAUSE

A clause in a lease or other contract, setting forth the conditions under which each party may cancel or terminate the agreement.

CAPABILITY MATURITY MODEL INTEGRATION (CMMI)

A framework that describes the key elements of an effective product development and maintenance process. The Capability Maturity Model Integration covers best-practices for planning, engineering and managing product development and maintenance. CMMI

CAPITALIZATION (CAP)

Writing a word with its first letter as a majuscule (upper-case letter) and the remaining letters in minuscules (lower-case letters), in those writing systems which have a case distinction.

CAPRICIOUS

Given to sudden and unaccountable changes of mood or behavior.

CARBON CYCLE

The series of processes by which carbon compounds are interconverted in the environment, chiefly involving the incorporation of carbon dioxide into living tissue by photosynthesis and its return to the atmosphere through

CARDBOARD

(of a character in a literary work) Lacking depth and realism; artificial.

CARIBBEAN COMMON MARKET (CARICOM)

An organisation of 15 Caribbean nations and dependencies. CARICOM’s main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and

CARROT EQUITY

In the United Kingdom, a COMMON STOCK issue with a KICKER, or extra incentive, which allows investors to buy more stock if certain performance goals are met.

CASEBOOK

A book containing a selection of source materials on a particular subject, esp. one used as a reference work or in teaching.

CASH BUDGET

A budget used to quantify an immediate, short-term cash flow. Reviewing daily, weekly, and monthly expenditures is essential for a resolution to establish credit lines or contemplate investing short-term idle cash.

CASH EARNINGS

A firm’s cash revenues less cash expenses, which excludes the costs of depreciation.

CASH INFLOW

Organizational monetary income, from activities such as operations, investments, and financials.

CASH REGISTER

A financial transaction calculator, typically electronic. Consists of an entry keyboard, possibly a scanner, a drawer design to hold varying denominations of paper and coin cash, and a printer to provide both

CASH-OUT REFINANCE

Refinancing for more money that the mortgaged amount. Done to get money out for other purposes. Based on many points: home value, mortgage value, income of the mortgagee, credit rating of the

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.