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

Category: Finance Dictionary

CHRONOLOGICAL FILING

Organizing and ordering documents and records in a dated sequence. This sequence can by according to their date of receipt, or date and time of their creation. The item youngest-by-date is usually

CIVILIAN NONINSTITUTIONAL POPULATION

US civilians, 16 or older, who are not in a institution, such criminal, mental, or other types of facilities, or an active duty military personnel. Civilian unemployment rate is included in the

CLASS-B FIRE

NFPA classification for fire due to or engulfing flammable or combustible liquids, gases, gasoline /petrol, grease, oils, paints, and the like. These materials can be extinguished only by eliminating air supply and

CLASSIFIED STOCK

Separate classes of COMMON STOCK issued by a company with each class granting investors a distinct set of RENT RIGHTS and/or CONTROL RIGHTS. Classified stock is often used to increase or decrease

CLEANER PRODUCTION

Manufacturing process minimizing waste and applying continuous prevention practices. These method include (1) raw materials and energy conservation, (2) toxic inputs elimination or reduction, and (3) toxic outputs reduction or elimination.

CLEARING SYSTEM

System based on due process, serving as a tool and mechanism to settle obligations among group members, like banks.

CLOSE PERIOD

The finalizing balance sheet and the firm’s announcement of results to the public is this time period. The time period is typically two months preceding an announcement. Insiders are not allowed to

CLOSED SECTOR

Part of an economy or market whose access excludes new entrants or foreigners.

CLOSE-OUT

The process of establishing an equal and opposite DERIVATIVE position in order to neutralize or offset the RISK of an existing position. Although the closeout cancels the effects of risk, it grosses

CLOSURE

1. Device that closes or seals an opening of a container or area. A container closure is held in place typically by a screw thread, is plugged in, or snaps over. 2.

COAT-TAILING

The practice of replicating the investment strategies of institutional investors who are known, or believed, to have exhibited good performance. Also known as PIGGYBACKING See also TAILGATING COD See CASH ON DELIVERY.

COEFFICIENT OF PERFORMANCE (COP)

Ratio of realized work or useful output per the amount of supplied effort or energy input. It is used typically as a measure of the energy efficiency. It is the basis for

COILS

Bar or sheet steel curled in large rolls to store more easily and ship more securely.

COLLABORATIVE COMMERCE (C-COMMERCE)

Employee collaboration and interactions executed online. Can also occur with business partners, and customers from various firms. The trading community or industry segment is the commonality for the group.

COLLECT CHARGES

Charges for transportation owed by the consignee, be it a shipment or a delivery. Known also as charges collect, charges forward, or freight collect.

CO-MANAGER

Banks subordinate to a lead manager bank as a part of a syndicated, international bond issue or Eurocredit. They assist the lead manager bank with issuing investment instruments and with the pricing.

COMMERCIAL FRUSTRATION

An event that could not be prevented or predicted. A contract allows one party to leave if such an event occurs without penalty.

COMMON DUTY OF CARE

The requirement of the occupier of the property to ensure safety while on the premises. Refer to duty of care.

COMMUNIST

A person who believes in communism. Problems are solved by taking away private ownership and making everything a community good. Well known members of this group are Karl Marx, Vladimir Lenin, and

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