Category: C

A term used primarily in liability coverages which refers to property belonging to another but which is legally in the insured’s possession or under his control.

A painful condition of the hand and fingers caused by compression of a major nerve where it passes over the carpal bones through a passage at the front of the wrist, alongside

Baggage that is carried aboard an airplane by the passenger, as opposed to being checked and carried in the hold.

Notice sent to a cash buyer acknowledging receipt of the order. The acknowledgment may include an offer inviting the buyer to increase the purchase order. Cash acknowledgments are frequently used if delivery

An account in the name of a borrower that serves as a clearing account with its bank, usually for the purpose of securing and servicing an indebtedness.

Cash and cash equivalents are the most liquid assets found within the asset portion of a company’s balance sheet.

A method of properly managing income and expenses offered as a service to businesses and corporations by financial institutions.

Discrepancies between actual cash on hand versus the start-of-day cash on hand plus the total of the days receipts are posted to this type of general ledger account.

Temporary or part-time employment to perform various services.

A method leading to the listing of all possible reasons and outcomes associated with a particular problem or situation. It is a group process direct at uncovering possible or probable causal factors

Commonly known as the tendency of managers and interviewers to rate all or most of the employees or interviewees as average. A term in performance appraisals or recruitment interviewing process.

To license the operation of a health maintenance organization, the state issues this type of certificate.

A designated authority approves or certifies that an equipment or machine part was manufactured to the required specifications by a certified manufacturer by issuing this document.

Condition of a power shift. Arises when a firm is acquired by another firm or when an existing or new stockholder acquires majority or substantially large stockholding.

The cheapest of a series of ASSETS that are eligible for DELIVERY under an EXCHANGETRADED DERIVATIVE contract; the seller selects from the list of deliverables to determine the asset that will yield

Contact or exposure to a chemical substance by touching, breathing, eating or drinking. This exposure is usually harmful in nature. Different degrees of danger can result with varying symptoms due to exposure

A mathematical / organizational tool used to determine if data classification can be attributed to an underlying law / standard, repeated progression, or if it is solely existing by chance. This is

A process/structure within a BANK, INVESTMENT BANK, or SECURITIES FIRM that separates groups that call on clients and arrange deals (i.e., bankers) from those that are privy to nonpublic information related to

A person certified as lacking some physical or mental ability essential for living independently. A medical professional or social worker must makes this certification .

1. In the modern Western world, it is one of the two major legal systems; the other is common law. Taken from Roman law, it is used in continental Europe, their former