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

COEFFICIENT OF VARIATION

A simple rough measure of relative dispersion in probability distribution. Written as a ratio of standard deviation to mean. It serves mainly as a measure of relative risk. Known also as Pearson’s

COEMPLOYMENT

Term for the situation where an employee is equally employed by two legally distinct employers.

COEMPTION

Purchasing the entire available stock of a commodity or material.

COERCIVE INCENTIVE

The reason to act or behave in a certain unwanted manner under coercion. It is reasonable expectations of the use of physical force or execution of abused authority. It would be applied

COERCIVE POWER

Authority or power acquired by the employment of fear, suppression of free will, and/or use of illegal punishment or threat.

COFI LOAN

US adjustable rate mortgage (ARM) using an interest rate based on the cost of funds index (COFI). This is the weighted average that fluctuates typically within 0.3 percent above or below the

CO-FINANCING

Collaborative financing of the same project by two or more banks or other lending institutions.

COGNITION

Mental procedures of judging, knowing, learning, perceiving, recognizing, retention, thinking, and understanding. These lead awareness and some understanding of the world around us.

COGNITIVE CONSONANCE

From compatibility within a person’s attitudes, behavior, beliefs, and/or knowledge, there arises an internal consistency and from that, a state of harmony. Contrasts with cognitive dissonance.

COGNIZABLE

Capable of being seen as a member of a unique group by the common characteristics shared with other members.

COHORT

Group sharing one or more similar characteristics or sharing a significant experience during a certain period of time. For example, people born in the same year are birth cohorts, or the generation,

COHORT STUDY

Analytical study of a group sharing several similar characteristics, such as habit of smoking or a particular disease. The study group is simultaneously monitored closely over time with another contrasting group, such

COILS

Bar or sheet steel curled in large rolls to store more easily and ship more securely.

COINCIDENT INDICATORS

Market indicators that are both economic and financial and tend to move in locked-step with (1). trends such as general economics and gross domestic product (GDP), or employment levels, or retail sales,

COINSURER

A person or firm who shares in the loss as document in an insurance policy.

COKE

1. From coal: This is pressed solid carbon and flyash residue, resulting from the destructive distillation of bituminous coal, baked in the absence of oxygen in an oven to burn off volatile

COLD BLOOD

Term for a criminal’s state of mind characterized by pre-meditated intent to commit a murder. Refer also to cool blood.

COLD CALLING

(1). Visiting a prospect who likely does not know the visitor, without a prior appointment. (2). Calling a prospect who likely does not know the caller, for a sales appointment. Known also

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