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Closed-End Credit

Generally, any credit sale agreement in which the amount advanced, plus any finance charges, is expected to be repaid in full by a specified date. Most real estate and automobile loans are closed-end ...

Certified Check

A personal check drawn by an individual that is certified (guaranteed) to be good. The face of the check bears the words “certified” or “accepted,” and is signed by an official...

Certificate of Deposit

A negotiable instrument issued by a bank in exchange for funds, usually bearing interest, deposited with the bank.

Cashier’s Check

A check drawn on the funds of the bank, not against the funds in a depositor’s account. However, the depositor paid for the cashier’s check with funds from their account. The primary benef...

Custodian

A custodian is a person or institution that holds an investor’s securities, either digitally or physically, for safekeeping.

Currency Hedging

Currency hedging, also known as foreign exchange/forex hedging, is the act of entering into a financial contract in order to protect against movements in foreign exchange rates. Financial investors an...

CREST

CREST – Certificates Registry for Electronic Share Transfer – is the electronic system for holding financial securities. They settle transactions in the UK, and also handle Irish stocks. CREST...

Concentration Ratio

An industry’s concentration ratio is the size of a certain number of firms in an industry compared to its total size. It is used to calculate one or more firms’ dominance of their sector.

Compound Interest

Compound interest is a means of calculating the potential return from an investment that takes the cumulative effect of interest into account. How does compound interest work? Compound interest works ...

Collective Investment Scheme

A collective investment scheme, also sometimes known as a pooled investment, is one to which many investors contribute. A scheme manager will invest the pooled money in assets like stocks, bonds or...