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

Category: C

CO-TENANCY

A clause in some retail space lease agreements that entitles a tenant to a decrease in the amount of rent payments if a specified other tenant leaves the location. This is a

CROSS GUARANTEE

A GUARANTEE provided by one company to another company that is often related, such as a subsidiary or joint venture, and a reciprocal guarantee provided in the opposite direction. Cross guarantees may

CUSTODIAN

An AGENT that performs various duties on behalf of a client, including holding securities in safe CUSTODY, executing financial transactions under specific instructions, and collecting periodic CASH FLOWS from investments.

CYCLIC VARIATION

When the economy changes due to a recurring cause. It can be seasonal or follow a business.

CAIRNS GROUP

An interest group of 19 agricultural exporting countries, composed of Argentina, Australia, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Guatemala, Indonesia, Malaysia, New Zealand, Pakistan, Paraguay, Peru, the Philippines, South Africa, Thailand,

CALL DURATION

The amount of time the call is connected from the originating party to the terminating party.

CALL PRICE

The price, specified at issuance, at which the issuer of a bond may retire part of the bond at a specified call date.

CAMEL(S)

Regulatory BANK ratings used in the US and UK financial systems based on a review of CAPITAL, ASSETS, management, MARKET RISK, earnings, and LIABILITIES/ LIQUIDITY. CAMEL ratings are used to reflect the

CANCELLATION PROVISION CLAUSE

It is a provision in an insurance policy that permits an insurer or an insurance company to cancel a property and casualty or a health insurance policy at any time before its

CAPABLE TO PROMISE

Refers to a system that allows an enterprise to commit orders against available capacity, as well as inventory. These systems are evolving to include multiple sites, as well as the entire distribution

CAPITALIZATION FACTOR

Any multiple or divisor used to convert anticipated economic benefits of a single period into value.

CAPSULE HOTEL

Japanese accommodation, initially intended for executives, tiny capsules are about 2 meters long by 1.50 wide.

CARBON DIOXIDE (CO2)

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air (about 0.03 percent) and is absorbed by plants in photosynthesis. A heavy

CARDBOARD BOX INDEX

An index used by some investors to gauge industrial production by using the output of cardboard boxes to predict the purchases of non-durable consumer goods.

CARING ECONOMY

An economy based on amicable and helpful relationships between businesses and people.

CARRY FORWARD

When an exporting country uses part of the following year’s quota during the current year.

CASH ACCOUNT

It’s a ledger that shows just how much the company has in cash holds.

CASH CAPABILITY

The amount of cash that is on hand and in reserves and the amount that can be borrowed on a very short notice.

CASH EQUITY

The stock or capital stock of a business entity represents the original capital paid into or invested in the business by its founders.

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