Comprehensive entry on Certificate of Accrual on Treasury Securities (CATS), detailing their features, benefits, historical context, and applications in retirement and education planning.
A comprehensive guide to Certificates of Deposit (CDs), a secure investment option issued by banks, with detailed information on types, terms, interest rates, and benefits.
A comprehensive guide to understanding the Certificate of Eligibility issued by the Veterans Administration for VA mortgage loans.
Learn about the Certificate of Reasonable Value (CRV), a document issued by the Veterans Administration based on an approved appraisal, establishing the maximum VA mortgage loan principal.
A Certificate of Title is a legal document that indicates ownership of property, commonly associated with motor vehicles.
The Certified Financial Planner (CFP) designation is a professional certification conferred by the International Board of Standards and Practices for Certified Financial Planners. It signifies expertise in financial planning, encompassing insurance, investments, taxation, employee benefit plans, and estate planning.
A detailed explanation of Certified Financial Statements, including components, certification process, examples, historical context, and significance.
Certified Fraud Examiner (CFE) certification and the role of the Association of Certified Fraud Examiners (ACFE) in combating fraud globally.
A detailed explanation of Certified General Appraiser, its roles, responsibilities, and standards under state certification laws.
The Certified Management Accountant (CMA) credential is awarded by the Institute of Management Accountants (IMA) to individuals who have successfully passed a rigorous examination and met specified educational and professional experience requirements.
A Certified Public Accountant (CPA) is a professional who has met specific educational and experiential criteria, passed rigorous exams, and fulfilled all licensing requirements of the state. CPAs conduct accounting, auditing, and tax preparation for individuals and corporations.
A Certified Residential Appraiser is qualified to appraise residences and housing units up to four units, under appraiser certification law. The certification involves specific educational, experiential, and examination requirements.
A detailed overview of what comprises a change in accounting method, including regulatory requirements, examples, and FAQs.
A detailed explanation of the distinction between a change in demand and a change in quantity demanded, including graphical representations and examples.
Understanding the difference between a change in supply and a change in quantity supplied is crucial in economics. This entry explains the fundamental distinctions, factors involved, graphical representation, and practical implications.
An in-depth look at the Change of Beneficiary Provision in insurance policies, including its types, special considerations, examples, historical context, and related terms.
Chapter 11 of the 1978 Bankruptcy Act provides for reorganization under the bankruptcy laws of the United States, allowing businesses to restructure their debts while continuing operations.
An in-depth look at Chapter 7 of the 1978 Bankruptcy Act, detailing the liquidation process, the role of the court-appointed interim trustee, and the distribution of proceeds to creditors.
A Charge Buyer, also known as a Credit Buyer, is an individual or entity that makes purchases on credit, to be billed at a later date. This method allows buyers to defer payment while obtaining goods or services immediately.
Understanding the concept of charge offs in the context of bad debts, including definitions, implications, examples, and related terms.
Comprehensive coverage on Charitable Contribution Deduction, its implications, limitations, examples, and related tax considerations.
A Charitable Remainder Trust (CRT) is an irrevocable trust providing income to individuals until the grantor's death, with the remainder passing to charity tax-free. This is a popular tax-saving alternative for wealthy individuals.
An in-depth exploration of Charitable Trusts, their origins, types, legal considerations, and applications.
An in-depth overview of the Chartered Financial Analyst (CFA) designation, its significance in the finance industry, and the CFA Institute.
The Chartered Financial Analyst (CFA) designation is a globally recognized standard for measuring the competence and integrity of financial analysts, conferred by the CFA Institute.
The Chartered Financial Consultant (ChFC) is a professional designation awarded by The American College in Bryn Mawr, Pennsylvania. The designation signifies expertise in areas including insurance, investments, taxation, employee benefit plans, estate planning, accounting, and management.
The Chartered Life Underwriter (CLU) designation, conferred by The American College, is achieved by completing rigorous national examinations covering insurance, investments, taxation, and other financial disciplines along with professional business experience.
A chattel mortgage is a loan agreement in which personal property is used as collateral to secure a loan. Although it has largely been replaced by security agreements under the Uniform Commercial Code (UCC), it remains an important concept in finance and law.
Chattel Paper is a valuable document demonstrating both a debt obligation and a security interest in or a lease of specific goods. It plays a crucial role in secured transactions, ensuring creditor rights while facilitating the financing of goods.
A check is a negotiable instrument instructing a financial institution to pay a specific amount of money from one person's account to another individual's account upon demand.
Check kiting is an illegal scheme that establishes a false line of credit by the exchange of worthless checks between two banks, exploiting the time taken for checks to clear.
A Check Protector is a machine designed to print checks in a manner that makes it difficult to alter, ensuring financial security by embossing the written amount onto the paper.
A detailed log, book, or journal used to record individual checks issued by an account holder, listed in the order they were written.
Check Signers are machines that sign checks mechanically, creating a facsimile signature. They simplify the process of signing numerous checks and ensure consistency in signatures.
Check truncation is the process of converting a physical check into a digital image for electronic clearing and processing. It's designed to speed up the clearing process, reduce costs, and improve operational efficiency in the banking system.
Checking Accounts are bank deposit accounts that allow the holder to write checks against the account balance. They are a primary type of demand deposit and part of the M1 money supply, often earning interest under specified conditions.
A comprehensive guide to the Chicago Board of Trade (CBOT), the world's oldest futures and options exchange, its history, operations, and merger with CME Group.
The Chicago Board Options Exchange (CBOE) is a leading marketplace for trading options and derivatives, providing essential services and tools for investors.
The Chicago Mercantile Exchange (CME) is a leading global derivatives marketplace, known for offering a diverse range of futures and options products.
A comprehensive overview of the Chief Financial Officer (CFO), a corporate officer responsible for managing an organization's finances, including appropriations and expenditures.
An in-depth exploration of the role, responsibilities, and importance of the Chief Financial Officer (CFO) in modern organizations.
A nonrefundable tax credit allowed for a percentage of expenses incurred for household services or care of a child or other dependent, where the taxpayer maintains a household that includes one or more dependents who are under 13 years of age or mentally or physically incapacitated. The percentage of the credit varies inversely with the taxpayer's Adjusted Gross Income (AGI) between $15,000 and $43,000.
A comprehensive overview of child support payments, their legal implications, tax treatment, and comparison with alimony.
An in-depth look at the concept of the Chinese Wall, an imaginary barrier established within service companies to prevent conflicts of interest between departments.
A Chose in Action is a personal right to sue for recovery, becoming a possessory asset upon the successful completion of a lawsuit.
Churning refers to the practice of excessive trading by a broker in a client’s account mainly to generate commissions that benefit the broker, often at the client's expense. This practice is illegal and clients may seek recovery of damages.
A comprehensive guide to the Cost, Insurance, and Freight (CIF) term used in international trade contracts including definitions, applications, historical context, and FAQs.
Circuit breakers are measures instituted by major stock and commodities exchanges to temporarily halt trading during significant market declines. They aim to prevent market free-fall by balancing buy and sell orders and allowing the public to catch up on news.
An in-depth look at Circulation Expenses - the costs associated with establishing, maintaining, or increasing the circulation of a periodical.
A Claim is a formal request by an insured party seeking indemnification for a loss incurred due to a covered peril under the terms of an insurance policy.
A comprehensive report furnished by an adjuster to an insurance company, documenting the payment the insurer is obligated to make under the policy terms.
A comprehensive definition of 'Class' detailing its usage in education, finance, and law.
A comprehensive understanding of Class A and Class B shares, including their differences in voting rights, dividend preferences, and other unique characteristics.
An in-depth look at Class Life Asset Depreciation, its mechanics, types, considerations, examples, and significance in various industries.
In-depth overview of Classified Stock, its types, characteristics, and applicability in corporate finance.
A comprehensive guide to clawback provisions in law and contracts that limit or reverse payments for specified reasons.
The term 'clean' encompasses various meanings in accounting, finance, international trade, and securities. This includes the unqualified audit report, debt-free balance sheets, undocumentary drafts, and block trades without inventory risk.
A clean opinion is an auditor's unqualified report indicating that the financial statements of an entity are fairly presented without any reservations, exceptions, or errors noted.
Informal phrase describing the 'needs approach' to determine the amount of life insurance necessary for a family, covering last-minute expenses and those that arise after the death of an insured, such as burial costs, probate charges, and medical bills.
A Comprehensive Overview of the Term 'CLEAR' in Banking, Finance, and Securities Sectors
A detailed exploration of clearance sales, their purpose in retail, strategies involved, and their impact on both consumers and businesses.
A Clearing Market is one where supply and demand reach equilibrium quickly, eliminating excess supply or demand at the market price.
A clearinghouse is an association or organization that facilitates the exchange of checks, drafts, or other forms of indebtedness among its members, aiming to settle balances with minimal inconvenience and labor.
The evolution of 'clipping coupons' from a financial habit involving coupon bonds to a modern-day practice of saving money through discounts.
Comprehensive explanation of 'Close' ranging from finance and trading to accounting and computing environments.
A Close Corporation Plan details a prearrangement for surviving stockholders to purchase shares of a deceased stockholder, using a predetermined formula to value the corporation.
A Closed Economy is a self-sufficient economic system in which all production and consumption are contained within itself, with no external trade.
A closed fund is a mutual fund that has stopped issuing shares due to its large size. Learn about its characteristics, types, and implications.
Understanding the Closed Period in Bond Issuance: its importance, implications, and relationship with callable bonds.
A closed-end mortgage is a mortgage-bond issue accompanied by an indenture that prohibits repayment before maturity and the repledging of the same collateral without the permission of the bondholders.
A Closed-End Mutual Fund operates with a fixed number of shares in the market, as opposed to the Open-End Mutual Fund that issues new shares to meet demand.
Closeout refers to the process of selling off remaining inventory or discontinued items at reduced prices to clear out stock in retail.
Closet Indexing involves structuring a mutual fund or managed portfolio to nearly replicate an index, effectively avoiding the risk of underperforming it while charging regular fees for active management.
A comprehensive guide to understanding the various fees and expenses associated with real estate closings, commonly referred to as closing costs.
A comprehensive definition of closing entry in accounting, its importance, examples, historical context, and implications for financial statements.
Understand the concept of Closing Inventory, its valuation methods, importance in financial accounting, and impact on financial statements and business operations.
Closing Price or Closing Quote is the price of the last transaction of a trading day on an organized securities exchange, widely used for stock valuation.
A cloud on title refers to any matter appearing in the record of a title to real estate that on its face appears to reflect the existence of an outstanding claim or encumbrance that, if valid, would defeat or impair title but might be proven invalid by evidence outside the title record.
A comprehensive overview of the CME Group, formed in 2007 by the merger of the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME).
An in-depth exploration of Collateralized Mortgage Obligations (CMOs), their structure, types, applications in financial markets, and key considerations.
A comprehensive explanation of a co-borrower, their responsibilities, advantages, and comparisons with cosigners.
Co-Mortgagor: A person who signs a mortgage contract with another party, jointly obligated to repay the loan, often aiding in meeting loan requirements and sharing ownership in the property.
Detailed explanation of CO-OPs including their types, historical context, and relevance in real estate and housing.
In-depth exploration of various legal arrangements by which property is owned by more than one person, including Tenancy in Common, Joint Tenancy, Community Property, Partnerships, and Limited Liability Companies (LLCs).
An explanation of market adjustments to changes in supply and demand, wherein prices oscillate toward an equilibrium price, resembling a spider web pattern on a graph.
Comprehensive exploration of COD encompassing Cash on Delivery and Cancellation of Debt with examples, applicability, and related terms.
Detailed exploration of the process of assigning identification numbers to accounts in financial statements, including examples, historical context, and applicability in business environments.
Economic indicators that move in tandem with the current state of economic activity, providing real-time insights into the performance of an economy.
Coinsurance is a plan in insurance whereby the insurer indemnifies a fixed percentage of the loss, requiring the insured to bear a portion of the risk.
A comprehensive overview of Cost-of-Living Adjustment (COLA), its mechanisms, applications, historical context, and related terms.
A detailed examination of the collapsible corporation, its tax implications, historical context, and special considerations.
An in-depth overview of the collar index level, its role in circuit breakers for stock markets, and its implications for trading.
Collateral Assignment: Designation of a Policy's Death Benefit or Cash Surrender Value to a Creditor
A detailed explanation of Collateral Assignment, its purpose, mechanisms, and its role in securing loans using life insurance policies.
An in-depth exploration of Collateralized Bond Obligations (CBOs), their structure, features, historical context, types, and their role within the financial markets.
A Collateralized Mortgage Obligation (CMO) is a type of mortgage-backed security that divides mortgage pools into various tranches with differing maturities and risk levels.
Collect On Delivery (COD) is a financial transaction in which payment for a product or service is made at the time of delivery.
A detailed overview of collectibles, including their types, investment value, and applications in economic activities.
A detailed overview of the term 'Collection' in the context of negotiable instruments, debt recovery, financial transactions, and collectibles.
The Collection Ratio, also known as the average collection period, measures how efficient a company is at converting its accounts receivable into cash. This metric is essential for managing cash flow and assessing the effectiveness of credit policies.
A Columnar Journal is a specialized bookkeeping tool with structured columns to facilitate the accurate and organized entry of numerical data in accounting.
