Category: C

1. the buyer of a good or service. 2. a user that is not using the product but reselling it. Refer to customer.

Board that is single play, corrugated, and sheetlike.

The term for the 48 states and the District of Columbia.

Elements that do not change over time from one period to the next.

A detailed description of all changes made to a contract that have been decided upon by both parties.

Deal for a work taken upon by anyone who is self employed. He or she is free to employ others to complete the job, he or she will be the only one

Verbal or scripted, implied or expressed, contract detailing terms or conditions based on which a worker agrees to perform specific duties as guided and commanded by the employer, for an accorded salary

Negation of an entire deal or its most important portion. Negation of a part of work is known as partial termination.

Responsibility taken by any party under contract, as per the conditions of the contract.

A mathematical measure that quantifies the sensitivity of an ASSET to large changes in price or YIELD. In OPTION contracts convexity (commonly termed GAMMA) measures the change in DELTA for a change

To jointly sign and endorse. A co-signer of a loan is liable for paying back the debt if the other individuals fail to do so. Co-signing is a way for someone with

A process where creditors with existing CREDIT RISK to a company that has filed a REORGANIZATION plan under BANKRUPTCY protection choose not to participate in the new plan and have their interests

A time frame of 30 to 90 days during which a company that has gone into technical DEFAULT on a contractual payment is permitted to submit payment without further prejudice, and without

An evolving area or law that is applies to computers and the various activities over the internet and networks.

Telegraphy is the long-distance transmission of written messages without physical transport of letters. It is a compound term formed from the Greek words far and write. Radiotelegraphy or wireless telegraphy transmits messages

A Call Accounting System is a telecommunications software or hardware application that captures, records, and costs telephone usage events.

An OVERTHECOUNTER COMPLEX OPTION that grants the buyer a payoff based on the difference between a predefined STRIKE PRICE and the best performing ASSET in a PORTFOLIO. See also CALL ON THE

A facility that identifies and displays the telephone numbers of incoming calls made to a particular line.

When a customer’s order annuls any previous orders.

A borrowing agreement in which the person who received the loan pays a cap fee so that they can keep the interest rate below a specified limit regardless of the market rate.