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

Category: Finance Dictionary

CUTANEOUS HAZARD

A substance that causes skin damage, defatting, dermatitus, irrititation, and rashes.

CYCLICAL STOCK

A security that is issued based on the companies economic trends. It is better when the economy is better and declines when the economy does. Compare this term to Noncyclical stock.

CALCULATE

Determine (the amount or number of something) mathematically or include as an essential element in one’s plans.

CALL IN

A radio or television program during which the listeners or viewers telephone the studio and participate.

CALL PROCESSING

In telecommunication, the term call processing has the following meanings: # The sequence of operations performed by a switching system from the acceptance of an incoming call through the final disposition of

CAMELS RATING SYSTEM

It is a tool being used by the United States government in response to the global financial crisis of 2008 to help it decide which banks to provide special help for and

CANCER

The disease caused by an uncontrolled division of abnormal cells in a part of the body.

CAPACITY FACTOR

The net capacity factor of a power plant is the ratio of the actual output of a power plant over a period of time and its output if it had operated at

CAPTIVE AGENT

An agent who only represents one company exclusively and no one else.

CARBON EQUIVALENT UNIT

This is computed by multiplying the equivalent of a gas content carbon element and the carbon dioxide.

CARE, CUSTODY, AND CONTROL

A term used primarily in liability coverages which refers to property belonging to another but which is legally in the insured’s possession or under his control.

CARPAL TUNNEL SYNDROME (CTS)

A painful condition of the hand and fingers caused by compression of a major nerve where it passes over the carpal bones through a passage at the front of the wrist, alongside

CARRY ON BAGGAGE

Baggage that is carried aboard an airplane by the passenger, as opposed to being checked and carried in the hold.

CASH ACKNOWLEDGMENT

Notice sent to a cash buyer acknowledging receipt of the order. The acknowledgment may include an offer inviting the buyer to increase the purchase order. Cash acknowledgments are frequently used if delivery

CASH COLLATERAL ACCOUNT

An account in the name of a borrower that serves as a clearing account with its bank, usually for the purpose of securing and servicing an indebtedness.

CASH EQUIVALENT

Cash and cash equivalents are the most liquid assets found within the asset portion of a company’s balance sheet.

CASH MANAGEMENT JOURNAL

A method of properly managing income and expenses offered as a service to businesses and corporations by financial institutions.

CASH SHORT AND OVER ACCOUNT

Discrepancies between actual cash on hand versus the start-of-day cash on hand plus the total of the days receipts are posted to this type of general ledger account.

CASUAL LABOR

Temporary or part-time employment to perform various services.

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