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

Category: Finance Dictionary

CONCEPTUAL MODEL

A prototype of an organization showing how well the system meshes with other organizations and how it functions within its own structure.

CONDITION PRECEDENT

A rule in a contract that parties must do what they agree to or a demand can be placed to perform the action required. Refer to conditions concurrent and condition subsequent.

CONDOR SPREAD

A COMPOUND OPTION STRATEGY designed to take advantage of VOLATILITY. Condors are created with the same ratio of PUT OPTIONS or CALL OPTIONS (i.e., one low STRIKE PRICE, one middle low strike,

CONFLICT OF INTEREST

1. a situation that can undermine a person due to self interest and public interest. 2. a situation when parties discharge responsibility to a third party.

CONGRUITY THEORY

The idea that a person is naturally not fond of pressure and want to be at peace with decisions made.

CONSEILD

The EXECUTIVE BOARD of a French company that uses the DUAL BOARD SYSTEM. See also CONSEILDU SURVEILLANCE.

CONSIGNMENT SALE

An arrangement of trade where a seller gets to sell in a shop they don’t own. Once sold the owner of the establishment is paid a percent of the money for the

CONSTANT SUM GAME

A situation where payoffs add up to a constant figure for any outcome. One player winning must be offset by another players losses. A zero sum game is an example of this.

CONSTRUCTION INSPECTOR

A professional that makes sure any changes or construction is done to the state and federal code.

CONSUMER BUYING BEHAVIOR

How a party searches for and uses a good or service. It is done to fulfill a need. Refer to consumer decision making.

CONTAINERIZATION

Moving cargo in containers with equipment but there are is no rehandling.

CONTINGENCY TAX

A single event that the government taxes for an economic issue. It can do this for natural distasters, import excess, and recovery.

CONTRACT BUDGET BASELINE

Percentage of the agreed contract price and the calculated expense of the non-priced but allowed changes.

CONTRACT HOLDER

A person or a firm designated as the proprietor of a financial liability or money which is expected to be received (as a return) at a later date. The deal holder gets

CONTRACT UNIT

The amount of the fundamental asset presented through a derivatives deal. For example, the unit of a fold contract signifies 100 ounces of gold. Also known as Trading Unit.

CONTRARIAN

An investor or a plunger who does not act as per conventional wisdom: the person is a pessimist in comparison, to others who are optimist or vice versa. Contrarian ideology is established

CO-OP MAILING

Advertising or offers sent in the same mailing envelope to potential customers from multiple businesses . These businesses work in the same market but have products that do not compete. They co-mail

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