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

Category: Finance Dictionary

CARRY FORWARD

When an exporting country uses part of the following year’s quota during the current year.

CASH ACCOUNT

It’s a ledger that shows just how much the company has in cash holds.

CASH CAPABILITY

The amount of cash that is on hand and in reserves and the amount that can be borrowed on a very short notice.

CASH EQUITY

The stock or capital stock of a business entity represents the original capital paid into or invested in the business by its founders.

CASH SETTLEMENT

the process of exchanging money instead of physical commodities to settle a futures or option contract. This process is used by financial instruments.

CASS FREIGHT INDEX

Begun in 1990 this index measure monthly freight shipments cumulatively. National shipping levels result from indices processed by the Cass Information System. This index includes over 400 company and manufacturing types and

CAUSAL

Category of cause-and-effect link or relationship. Refer to causal model.

CENTRAL PROCUREMENT

The centralization of the power to purchase any and all the needs of an enterprise or agency into one office.

CERTIFICATE OF ACCEPTANCE

When the leased item is delivered and the lessee states that it is duly received and meets the lessee’s requirements, the Lessee acknowledges in writing with this document .

CERTIFIED

A qualification or attribute meaning to being officially attested or authoritatively confirmed as being genuine or true as represented, or complying or meeting specified requirements or standards. A certificate may or may

CHANGE IN ACCOUNTING PRINCIPLE

A change that is not trivial in nature, as it is a change in the Implementing of a generally accepted accounting principle different from the one formerly used. In business a company

CHARITABLE GIFT ANNUITY

A qualified charitable organization exchanges their revocable transfer of cash or property for the paying of a fixed-sum annuity over the life of one or two persons contributing the cash or property.

CHEMICAL ANTIDOTE

Substance that neutralizes another substance. Converts a toxic substance into a harmless compound by reacting with the toxic substance.

CHEWABLE PILL

A POISON PILL defense clause that gives COMMON STOCK shareholders the right to revoke the pill in the face of a bona fide TAKEOVER offer, or which automatically nullifies the pill if

CHILLING EFFECT

Cooling the earth’s surface temperature by unclouded sky at night or increased number of particles in the upper atmosphere that block sunlight. Contrasts versus greenhouse effect.

CHRONIC TOXICITY

Small. repeated doses of a substance causing long-term poisoning (toxicity). Contrast to acute toxicity.

CITY CODE

Code that identifies cities and their airports. Known as a three-letter IATA code. Examples are NYC for New York, LGA for La Guardia, and JFK for John F. Kennedy.

CLASS OF WORKER

Workers are divided into three common categories: (1) Wage and salary worker, who receives daily, weekly, or monthly compensation including commission or tips, (2) Self-employed worker, who owns a business, farm, or

CLASSIFIED COMMON STOCK

Stock in many categories that is typically divided into two classes based on benefits. ClassA is available to the public; a non-voting, dividend-paying stock . ClassB is voting stock held by the

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