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

Category: Finance Dictionary

CONGLOMERATE

A corporation that is run like a single business but has several firms to keep things diverse.

CONNECTION TIME

A timeframe that passengers and cargo must take to transfer form plane to plane.

CONSERVATION

Protecting and using resources in a wise way to get the most benefit for long term. There are many ways to do this by alternative technologies, recycling, and reduction of waste.

CONSPICUOUS

A rule in a contract that is assumed to be easily noticable and obvious.

CONSTRUCTABILITY

The amount that knowledge and experience are combined in a useful process. It is meant to keep balance between goals and resources. Refer to buildability.

CONTENTS RATE

The premium rate charged for a building’s conent not the building itself.

CONTINUATION

A work of an author that is intended to finish an unfinished piece. It can be a series of several works.

CONTRACT DOCUMENTS

Processed deals, additional conditions, draftings, classifications and other archives related to a deal.

CONTRACT MONTH

The particular month when a transfer would occur in closure of a deal, in case of futures trading.

CONTRACT RECEIPTS

Deliveries obtained under a deal that covers a duration of one or more year.

CONVERTIBILITY RISK

The RISK of loss arising from an inability to convert local currency into a fully CONVERTIBLE CURRENCY and/or to repatriate convertible currency back to a home country as a result of EXCHANGE

CORPORATE SUSTAINABILITY

The concept and action of ensuring that a corporate organization exists in perpetuity, providing returns and benefits for multiple generations of internal and external STAKEHOLDERS. Sustainability generally demands close ties and cooperation

COVERED PUT

An OPTION position where the seller of a PUT OPTION already has sufficient cash on hand to purchase the UNDERLYING ASSET if the buyer EXERCISES the option. Selling covered puts is a

CROSS-MARGIN AGREEMENT

An agreement between two or more EXCHANGES that permits MARGIN requirements to be computed on a net, rather than gross, basis. Such an agreement avoids

CUT-OFF SCORE

The minimum need lenders use for credit approvals. It is based on FICO scoring systems. The score changes from one lender to another based on each institution. The party in need may

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