Analysis of Asset Allocation

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FINANCIAL DICTIONARY & GLOSSARY: CE - COL
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ceiling - see cap.

central bank - the bank that issues currency, carries out the government's financial policy, etc.

certificates of deposit - short-term, interest-bearing bank deposits that can be traded like a share or bond.

Certificate of Incorporation - see Memorandum of Association.

Certified Public Accountant (CPA) 1 person who has passed the standard American accounting examinations.

Chartered Accountant - person who bas passed the standard British accounting examinations.

checking account - see current account.

cheque (GB) or check (US) - a written order to a bank to pay on demand a specified sum to a named person or business.

cheque card - a plastic card issued by a bank guaranteeing cheques drawn on the customer's account, up to a certain limit.

circulating assets - see current assets.

City (the) - collective name for all the financial institutions in London.

claim - demand made to an insurance company for payment according to an insurance policy; a demand for higher wages, etc.; to make such a demand.

classical unemployment - the loss of jobs caused when wages are too high.

clean floating exchange rate - see freely floating.

clear - (adjective) describes a market situation in which prices fluctuate until supply matches demand; ( .verb) to pass a cheque through the banking system.

clearing - the process by which cheques and other payments are passed through the banking system.

closing entry - a journal entry transferring a balance from an ongoing account to the profit and loss account at the end of an accounting period.

collar - a double limit to a floating interest rate, comprising both a floor and a ceiling (lower and upper limits)

collateral - anything that acts as a security or a guarantee for a loan.

collective bargaining - group negotiations between trade unions and employees, concerning pay and working conditions.

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FINANCIAL DICTIONARY & GLOSSARY SHORT INDEX
a-ac, ac-amam-asas-baba-be, be-br, br-cap, cap-cas, ce-col, col-com, com-corcor-cucu-deb, deb-dem, dep-dis, dis-du, du-em, em-ex, fa-fi, fi-fr, fr-ge, ge-gr, ha-im, im-ine, inf-int, int-inv, inv-la, la-li, li-lo, lo-marmar-mark, mat-mo, mo-na, na-od, of-ou, ov-pa, pa-po, po-pri, pri-pro, pro-qu, qu-red, red-res, res-sa, sa-sh, sh-sta, sta-sto, str-ta, ta-tr, tr-un, un-va, va-we, we-zz

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