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

Category: Finance Dictionary

CUTTING THE MELON

Slang term used when a company issues more dividends payment with a previous payment.

CYPHERTEXT

Text or a message that is encrypted into a coded human unreadable form. The input must be decrypted to be read once recieved. It is also written as ciphertext.

CABLE MODEM

A type of modem that connects a computer or local network to broadband Internet service through the same cable that supplies cable television service or the service connection made via a cable

CALL

Shout out or chant (the steps and figures) to people performing a square dance or country dance, cry out to (someone) in order to summon them or attract their attention or summon

CALL ON A PUT

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

CALL-BACK PAY

Payments due an employee due to contacting the employee at a time other than the employee’s regular work schedule and requesting the employee to report for work and be ready to perform

CANNING

A method of preserving food in which the food is processed and sealed in an airtight container. The process was first developed as a French military discovery by Nicolas Appert in 1810.

CAPITAL NOTE

A NOTE issued by a BANK or bank holding company that can qualify as TIER 2 CAPITAL. To be included in the Tier 2 computation, the security must be structured as a

CAPITALIZED COST

This is the total selling price of the vehicle you are leasing. There are other fees included like taxes, license fees, and title and acquisition fees.

CAPTIVE PRODUCT

A product made specifically to be used with another, such as a refill with a ball-point pen, a blade with a razor, a battery with a torch, etc.

CARBON TRADE

A trading system for countries, companies and individuals designed to offset carbon emissions from one activity with another, whereby those who cannot meet their emissions goals may purchase credits from those who

CAREER PLANNING

The combination of structured planning and the active management choice of one’s own professional career.

CARRIED FORWARD

It means transfer of balance to new page or next day starting point of account or next month’s starting point of account’s balance.

CARTON

A light box or container, typically one made of waxed cardboard or plastic in which drinks or foodstuffs are packaged.

CASH AWARDS

An award given to an employee or contestant in the form of cash. Cash awards can either be the only award option or taken in lieu of a tangible item.

CASH COVER

Derivatives position, such as a written option contract, where the option writer meets their margin obligations with cash.

CASH FLOW PLANS

A method that an insured can use to control the premium payments that they must make on their policies.

CASH PAYBACK PERIOD

Period needed for full capital recovery for an investment, estimated in years and months.

CASH-AT-HIT OPTION

A BINARY OPTION that grants the buyer an immediate payoff equal to a fixed cash amount once the price of the UNDERLYING market reference breaches the STRIKE PRICE or BARRIER. See also

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