Tag: economy

balance of payments

Balance Of Payments (BOP)

What is the Balance of Payments (BOP)? The balance of payments (BOP) is an accounting record of all monetary transactions between a country and the...

Back-to-Back Commitment

What is 'Back-to-Back Commitment' A commitment to make a second take-out loan that piggybacks another loan. With a back-to-back commitment, once the...

Call Provision

What is a 'Call Provision' A call provision is a provision on a bond or other fixed-income instrument that allows the original...

Crony Capitalism

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

Canceled Check

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

Calendar Effect

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

Canadian Rollover Mortgage

Home Ownership by Country Canadian Rollover Mortgage What is 'Canadian Rollover Mortgage' A home mortgage with an adjustable rate feature. The Canadian...

Cage

What is 'Cage' "Cage" is a slang term used to describe the department of a brokerage firm that receives and distributes physical...

CPI – Consumer Price Index

The consumer price index (CPI) is metric that denotes prices of goods and services including food items, transportation, medical care, and others used by...

Calendar Year

DefinitionGenerally speaking, a calendar year begins on the New Year's Day of the given calendar system and ends on the day before the following...

EDITOR PICKS

Latest