Claim Dilution A decline in the probability that the claimants of firm will receive claims in full. The time value of money is also taken into account. … [Read more...]
Claimant
Claimant In an implicit or explicit contract, the party who has a claim. … [Read more...]
Clean Opinion
Clean Opinion Opinion given by auditor signifying the unqualified acceptance of the financial statements of a company. … [Read more...]
Clean Price
Clean Price Price of a bond excluding interest accrued on it. … [Read more...]
Clean-Up Requirement
Clean-Up Requirement Requirement stipulated in annually renewable LOCs. Require borrowers to repay outstanding balances on the LOC and stop using it for a specified duration. … [Read more...]
Clear
Clear Trades wherein the seller completes delivery of the commodity or asset or buyer completes the delivery of funds in accordance with the terms are said to clear. … [Read more...]
Clear a Position
Clear a Position Removal of all obligation or ownership by means of eliminating a short or long position. … [Read more...]
Clearing House Automated Payments System (CHAPS)
Clearing House Automated Payments System (CHAPS) Sterling funds clearing system that includes 14 banks as members with 450 participating banks. It is a clearing company within the purview of the Association for Payment Clearing Services (APACS) and was established in 1984. … [Read more...]
Clearing House Interbank Payments System (CHIPS)
Clearing House Interbank Payments System (CHIPS) High value payments facilitated by major banks through an international wire transfer system. … [Read more...]
Clearing Member
Clearing Member Clearing house member who is also required to be an exchange member. All exchange members need not be clearing house members. … [Read more...]
Clearinghouse
Clearinghouse The place where transactions executed in a futures exchange are settled through purchase and sales. The clearing house is also responsible for overseeing the actual delivery and financing process. … [Read more...]
Clientele Effect
Clientele Effect A grouping of investors with a special preference for a specific financing policy, for example, the amount of leverage used, to be followed by the company. … [Read more...]
Closed-End Fund
Closed-End Fund Refer: Open-end fund. Investment company selling shares like other corporations, without an option of redemption. Any fund traded publicly over the exchanges or OTC may be selling over the NAV of the unit or share. … [Read more...]
Closed-End Mortgage
Closed-End Mortgage A mortgage wherein there is a stipulation that no fresh debt may be incurred. … [Read more...]
Closing Purchase
Closing Purchase A transaction in which the purchaser's intention is to reduce or eliminate a short position in a stock, or in a given series of options. … [Read more...]
Closing Quote
Closing Quote Final price of security during final phase of the trading hours. One day’s closing quote need not be the following day’s opening quote. Closing quote helps compare the price change in a security on a day to day basis. … [Read more...]
Closing Range
Closing Range Also termed range. Refer: settlement price. Maximum and minimum prices, or offers and bids received during the official close period. … [Read more...]
Closing Sale
Closing Sale Transactions carried out by seller with stock or options series to eliminate his long position in them. … [Read more...]
Cluster Analysis
Cluster Analysis Method used in statistical analysis that pinpoints stock classes wherein returns are correlated within the group and relatively uncorrelated between different groups. Growth, stable, energy, cyclical are all such groups identified by this analytical method. … [Read more...]
Coefficient of Determination
Coefficient of Determination Evaluation of the accuracy or appropriateness of relationship between variables that are dependent and independent in a regression analysis. For example, the variation percentage in an asset’s return as explained by the return on the market portfolio. … [Read more...]




