Category: C

Alternative name given to contract of affreightment.

Depending on the assumption that deals exist to define the anticipations of the primary while offering a clear explanation of how an agent would benefit provided the expectations are met and contains

Not a genuine port for loading but is assumed as such in order to compute haulage charges or/and tariff for inland. Also known as commercial port of loading.

The practice of liberally interpreting, or manipulating, accounting rules in order to convey a stronger financial position. Smoothing income flows, reversing RESERVES, and capitalizing costs that should be expensed are forms of

The joining of service capability from either inside or outside a business, or both, to realize the same goal. Outsourcing, as an example, can provide internal expertise missing within a company and

A FOREIGN EXCHANGE PEGGING process based on official CENTRAL BANK intervention activity that adjusts the value of the local currency through small preannounced changes or average target rates over a period of

Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK, PREFERRED STOCK, and other investments), INVENTORY,

Restriction of the operation of sea, air, or other transport services within or into a particular country to that country’s own transport services.

Calls to premium rate numbers can be blocked by asking your phone company for a bar on premium rate calls. The bill payer needs to contact the phone company to arrange for

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the highest price achieved by the UNDERLYING reference ASSET over the life

A card bearing a person’s name and address, sent or left in lieu of a formal social or business visit.

A contract that may be cancelled at any time without penalty Usually requires a certain amount of days’ notice by the party cancelling before the contract is terminated.

Emissions trading (also known as cap and trade) is a market-based approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

As a hedge fund strategy it involves structuring trades using different instruments relating to a single issuer. For example taking a long position in the debt of a company while shorting equity

Market capitalization/capitalisation (often market cap) is a measurement of size of a business enterprise (corporation) equal to the share price times the number of shares outstanding (shares that have been authorized, issued,

A car title loan, or simply title loan, is a loan where the borrower provides their car title as collateral for a loan.

A playing card is a piece of specially prepared heavy paper, thin cardboard, or thin plastic, figured with distinguishing motifs and used as one of a set for playing card games. Playing

The skills or benefits an employee brings to a career.

Code assigned by IATA and commonly used to identify a carrier. As the same code may have been assigned to different carriers over time, the code is not always unique.