Cross Default

Cross Default Arrangement wherein default occurring on one debt obligation prompts default on another. … [Read more...]

Cross Hedging

Cross Hedging Hedging technique that involves taking a position on a commodity different from the one underlying the hedged futures contract. … [Read more...]

Cross Holdings

Cross Holdings Shares belonging to one firm held by another corporation. … [Read more...]

Cross Rates

Cross Rates Rate of exchange in force over two currencies represented as a ratio. The ratio uses a third currency to compare the two currency exchange rates. … [Read more...]

Cross-Border Risk

Cross-Border Risk Denotes the return volatility in worldwide investments arising from events related to one particular country as compared with events related only to a specific financial or economic agent. … [Read more...]

Cross Border Financing

Cross Border Financing Financing arrangements that cross national borders. For example, cross border loans, LOCs, bankers acceptances issued in the U.S. for someone in China. … [Read more...]

Cross-Sectional Approach

Cross-Sectional Approach Method used in statistics that is applied at a specific time over a group of firms. … [Read more...]

Crossover Rate

Crossover Rate Level of return where two alternative projects carry the same NPV. … [Read more...]

Crown Jewel

Crown Jewel Asset or unit of a company that has a particularly high or significant value. … [Read more...]

Cum Dividend

Cum Dividend With dividend. Describes stocks whose owner is entitled to dividend. … [Read more...]

Cum Rights

Cum Rights With rights. Describes shares with rights attached. … [Read more...]

Cumulative Abnormal Return (CAR)

Cumulative Abnormal Return (CAR) Total of the difference that is seen between the return expected on stock and actual return generated owing to news released to marketplace. … [Read more...]

Cumulative Dividend Feature

Cumulative Dividend Feature Stipulation that dividends owed on preferred stock that are missed must be paid in full prior to dividend payments made to common share holders. … [Read more...]

Cumulative Preferred Stock

Cumulative Preferred Stock Also see: non-cumulative preferred stock. Stock of the preferred variety, wherein dividends accrue, if dividend payouts are not made on time by the issuer. … [Read more...]

Cumulative Probability Distribution

Cumulative Probability Distribution Function demonstrating the possibility/ probability that a random variable will take on values lower or equal to every value that it can possibly attain. … [Read more...]

Cumulative Voting

Cumulative Voting Voting system in corporates whereby directors are designated by shareholders. Every shareholder has votes equaling the number of shares he holds multiplied by the number of positions open. … [Read more...]

Currency

Currency Money. … [Read more...]

Currency Adjustment Factor

Currency Adjustment Factor Charge over and beyond freight costs levied by carriers servicing trade between the Pacific Rim countries and U.S. This charge results from costs arising from fluctuations in exchange rate. … [Read more...]

Currency Arbitrage

Currency Arbitrage Profiting through differences in rates of exchange prevailing at different money markets. Carried out by purchasing currencies in one market and selling the same in another. … [Read more...]