The Law Dictionary

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

Category: Finance

CYBERNETICS

The scientific use of man made systems and natural elements that is made to reproduce itself. It is similar to general systems theory. The communication and control feedback system is the focus

CYCLICALLY ADJUSTED SURPLUS

The extra income that can be expected assuming normal economic behavior. Taxes and spending are assumed to be the same.

CYBERSLACKING

The term for the situation when employees use the internet for personal use when at work using the company computer. This costs employers over $1 billion a year in productivity, security, and

CYCLONE

When low barometic pressure and strong winds rotate counter clockwise in the southern hemisphere. The south pacific calls it a cyclone, the western atlantic calls it a hurricane, and the eastern pacific

CYBERSPACE

The realm where computer commucations and simulations are used on the internet. It is like the human psyche translated to the internet. The objects are not physical and made up of data

CYLINDERBOARD

The paperboard thicker than 380 micrometers. It is glossy and printable used for packaging.

CYBERSQUATTING

Having and buying domain names that are to be in demand soon to be sold at high prices.

CYPHERTEXT

Text or a message that is encrypted into a coded human unreadable form. The input must be decrypted to be read once recieved. It is also written as ciphertext.

CYBERTHEFT

Taking financial and personal information by computer to use it illegally.

CYCLE BILLING

An invoice practice where credit customers ar billed daily instead of monthly.

CYCLE COUNT

Inventory practice where the stock is checked on a regular basis. Each item is counted once in an accounting period. A fast moving or expensive item is inventoried more than less popular

CYCLE RATE

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

CYCLE TIME

The time needed to do one cycle or complete a function from start to finish. It is used to compare total run time to total time of a process.

CYCLIC VARIATION

When the economy changes due to a recurring cause. It can be seasonal or follow a business.

CYCLICAL

An event that happens on a regular basis.

CYCLICAL INDUSTRY

An industry that follows economic cycle. It profits in good times and declines in a recession. Health care is not an example of this type of business.

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.

CYBER-MARKETING

A promotion that is spread on the internet by email and website banners.

CYCLICAL STOCKS

An industries shares that is subject to economic changes. They profit when the economy is good but fall when it is bad.

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