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

Category: Finance Dictionary

CO-PAY

Similar to co-insurance. The insured and provider share in the paying for the cost for services.

COST OF CARRY

The FUTURE VALUE of costs and benefits associated with holding an ASSET, which typically includes the cost of financing, INSURANCE, transportation and/or storage, less benefits derived from lending the asset and any

CREEPING TENDER

A CORPORATE FINANCE transaction where an investor group or acquiring company gradually purchases the COMMON STOCK of a target company. Once a specified block has been accumulated a formal TENDER OFFER is

CURRENT YIELD

A current measure of the return on a COUPONbearing FIXED INCOME security, generally computed as: where C is the coupon, and P is the purchase price of the security. See also BOND

CYCLE RATE

The machine cycles per minute that do not necessarily represent its speed.

CAFETERIA BENEFIT PLAN

A plan that allows employees to choose the allocation of their premiums and the composition of their benefits.

CALL DATE

Periodic or continuous rights given to the lender to cause payment of the total principal balance prior to the maturity date.

CALL OUT

An instance of being summoned, esp. in order to deal with an emergency or to do repairs.

CALORIE

The energy needed to raise the temperature of 1 kilogram of water through 1

CANCELLATION CHARGE

A penalty that is incurred for not having a service as long as the contract was stated for.

CAPABILITY MAPPING

The analysis of a specific organization’s resources and structures which help identify the potential of the organization.

CAPITALISM

A business simulation computer game first published in 1995 by Interactive Magic, developed by Enlight for the Macintosh and MS-DOS and designed by Trevor Chan.

CAPITATION PAYMENTS

Used in the Prepaid or Dental Health Maintenance Organization (DHMO) environment, this amount is paid to each general dentist proportionate to the number of members who have selected him/her as their primary

CARBON BUDGET

A record or estimation of carbon in an area or system, and the flux into and out of this system.

CARD RECOVERY BULLETIN

A paper listing of lost, stolen, past-due, over-limit, counterfeit or otherwise problem cards published by credit card companies, like Visa or MasterCard. Merchants will review the list to discover if a credit

CARELESSNESS

Negligence: failure to act with the prudence that a reasonable person would exercise under the same circumstances.

CARRIER’S LIEN

The right to retain possession of goods pending payment of overdue freight charges.

CASE IN CHIEF

The portion of a trial whereby the party with the BURDEN OF PROOF in the case presents its evidence. The term differs from a rebuttal, whereby a party seeks to contradict the

CASH BOOK

Details of all money received and money paid out. You should have a separate cash book/section for each bank account. A journal where a business’s cash sales and purchases are entered. A

CASH DIVIDEND

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.

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