Category: C

Binding contract which defines the duties and privileges enjoyed by a vessel

Settlement of a deal related affair or dispute.

Legal document creating a contractual agreement.

A currency that can be freely exchanged into another currency for any purpose, without regulatory restrictions. Convertible currencies are generally associated with open and stable economies, and their prices are typically determined

A measure of CORRELATION, typically computed as: where Cov (A,B) is the covariance between ASSETS A and B, A is the STANDARD DEVIATION of asset A and B is the standard deviation

The seller of a COVERED OPTION that either owns the UNDERLYING ASSET (deliverable under a CALL OPTION) or has sufficient cash on hand to acquire the asset (under a PUT OPTION) should

A SPREAD in the GRAINS market reflecting the price differential between soybeans (as feedstock) and soybean oil or soybean meal (the two main byproducts); the spread can be traded through a single

When competition prices in a predatory manner or promotes heavily to get rid of their rivals.

To pay a request that was sent electronically by starting a negotiation with a bank (usually the issuing bank) of a letter of credit (L/C). Permission must be given to pay the

An instrument for measuring external or internal dimensions, having two hinged legs resembling a pair of compasses and in-turned or out-turned points.

A COMPOUND OPTION that grants the buyer the right to purchase an underlying CALL OPTION from the seller of the compound. The option is generally purchased when the need for the underlying

A system to allow residents (patients) to communicate with a nurses’ station from their rooms and from toilet and bathing facilities.

A phone-in hosted by Neil Adams and Matthew Gudgin on BBC Radio Norfolk after each Norwich City Football Club match.

Use (a machine) as a source of spare parts for another, similar machine.

A relationship within the CAPITAL ASSET PRICING MODEL (CAPM) that relates the expected return of a PORTFOLIO to its expected RISK (as measured through STANDARD DEVIATION). Under CAPM, all investors will choose

With certain loans, such as subsidized FFEL Loans, the U.S. Department of Education pays the interest that accrues on these loans while the student is enrolled at least halftime and during periods

Markets where the potential consumers face a severely limited amount of competitive suppliers; their only choices are to purchase what is available or to make no purchase at all. Captive markets result

A colorless nonflammable liquid used as a solvent for fats and oils; because of its toxicity its use as a cleaning fluid or fire extinguisher has declined or a colorless toxic volatile

Obstacles or the structure of a promotional table that a person is following in their career.