Tag: economics

What is 'Caisse Populaire' A cooperative, member-owned financial institution that fulfills traditional banking roles as well as diverse activities such as lending,...

DefinitionCrony capitalism is an economy in which businesses thrive not as a result of risks they take, but rather as a return on money...

DefinitionIn finance, a calendar spread is a spread trade involving the simultaneous purchase of futures or options expiring on a particular date and the...

What is 'Callable Common Stock' A security that represents ownership in a corporation that has voting rights, whose owners are last to...

DefinitionBasis, as used in United States tax law, is the original cost of property, adjusted for factors such as depreciation. When property is sold,...

What is a 'Canceled Check' A canceled check is a check that has cleared the depositor's account and has been marked "canceled"...

DefinitionA calendar effect is any market anomaly or economic effect which appears to be related to the calendar. Such effects include the apparently different...

What is a Charitable Remainder Trust A Charitable Remainder Trust, or CRT, is a type of trust that allows the settlor (the person establishing the...

What is a 'Call Protection' A call protection is a protective provision of a callable security prohibiting the issuer from calling back...

What is 'Canary Call' A step-up bond that cannot be called after completing its first-step period. The issuer of the bond reserves...