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...]

Coinsurance Effect

Coinsurance Effect Effect of reducing the possibility of default by borrowing companies caused by merger of the two companies. … [Read more...]

Collar

Collar Maximum and minimum limit that apply on the floating-rate note’s interest rate. … [Read more...]

Collateral

Collateral Assets that are used as security and that can be claimed by the lender in case of default by borrower. … [Read more...]

Collateral Trust Bonds

Collateral Trust Bonds Compare mortgage bond. Bonds wherein the investors have a claim on stocks, bonds, notes, and other financial assets that are used as security. … [Read more...]

Collateralized Mortgage Obligation (CMO)

Collateralized Mortgage Obligation (CMO) Refer: mortgage pass-through security. Securities that are backed by a pass through pool, which encompasses classes of bondholders, maturities being different. The underlying security pool’s principal payments go toward repaying the bond on … [Read more...]

Collection Float

Collection Float Negative float created because of the time gap between the deposit of a check and the actual time when the funds become available for use. … [Read more...]

Collection Fractions

Collection Fractions The percentage of a given month's sales collected during the month of sale and each month following the month of sale. … [Read more...]

Collection Policy

Collection Policy Action taken and procedures followed in collection of accounts receivables by firms. … [Read more...]

Collective Bargaining

Collective Bargaining Negotiation of the employment between an employer and worker group. May encompass aspects such as terms of employment, work conditions and other related rules, salary, overtime pay etc. … [Read more...]

Collective Wisdom

Collective Wisdom Grouping of all available individual opinions about the value of a stock or security. … [Read more...]