Super Finance Glossary
Over 10,000 financial glossary terms...
If you want to refine these results, please use the search box.
Hint: Not sure how the word is listed? Just enter the first few letters.
Hint: Not sure how the word is listed? Just enter the first few letters.
Browsing by the letter "C"
Displaying next 420 results of 972
Comfort Letter
Definition: A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done a 'review' sufficient to assure that financial statement information in the preliminary prospectus is correctly prepared to the best of the auditor's knowledge. The auditor in effect states that, had a full audit been done, they are comfortable that the audited financial statements would not be materially different from the ones presented in the preliminary prospectus.
Definition: A letter from an independent auditor included in a preliminary prospectus stating that, while a full audit has not been undertaken, the auditor has done a 'review' sufficient to assure that financial statement information in the preliminary prospectus is correctly prepared to the best of the auditor's knowledge. The auditor in effect states that, had a full audit been done, they are comfortable that the audited financial statements would not be materially different from the ones presented in the preliminary prospectus.
Commercial
Definition: An entity involved in the production, processing, or merchandising of a commodity.
Definition: An entity involved in the production, processing, or merchandising of a commodity.
Commercial Bank
Definition: Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Definition: Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business. Commercial banks can be contrasted with investment banking firms, such as brokerage firms, which generally are involved in arranging for the sale of corporate or municipal securities.
Commercial Grain Stocks
Definition: Domestic grain in store in public and private elevators at important markets and grain afloat in vessels or barges in lake and seaboard ports.
Definition: Domestic grain in store in public and private elevators at important markets and grain afloat in vessels or barges in lake and seaboard ports.
Commercial Hedgers
Definition: Companies that take futures positions in commodities so that they can guarantee prices at which they will buy raw materials or sell their products.
Definition: Companies that take futures positions in commodities so that they can guarantee prices at which they will buy raw materials or sell their products.
Commercial Letters Of Credit
Definition: Trade-related agreement that a certain amount of bank funds is available to an entity.
Definition: Trade-related agreement that a certain amount of bank funds is available to an entity.
Commercial Loan
Definition: A short-term loan, typically 90 days, used by a company to finance seasonal working capital needs.
Definition: A short-term loan, typically 90 days, used by a company to finance seasonal working capital needs.
Commercial Mortgage Backed Securities
Definition: Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments.
Definition: Similar to MBS but backed by loans secured with commercial rather than residential property. Commercial property includes multi-family, retail, office, etc., They are not standardized so there are a lot of details associated with structure, credit enhancement, diversification, etc., that need to be understood when valuing these instruments.
Commercial Paper
Definition: Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less.
Definition: Short-term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less.
Commercial Property
Definition: Real estate that produces some sort of income-producing property.
Definition: Real estate that produces some sort of income-producing property.
Commercial Risk
Definition: The risk that a debtor will be unable to pay its debts because of business events, such as bankruptcy.
Definition: The risk that a debtor will be unable to pay its debts because of business events, such as bankruptcy.
Commingling
Definition: In the context of securities, this involves mixing customer-owned securities with brokerage firm-owned securities. This process is referred to as rehypothecation, which is the use of customers' collateral to secure their loans. This is legal with customer consent, although some securities and collateral must be kept separately.
Definition: In the context of securities, this involves mixing customer-owned securities with brokerage firm-owned securities. This process is referred to as rehypothecation, which is the use of customers' collateral to secure their loans. This is legal with customer consent, although some securities and collateral must be kept separately.
Commission
Definition: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers. Full service brokers offer advice and usually have a staff of analysts who follow specific industries. Discount brokers simply execute a client's order and usually do not offer an opinion on a stock. Also known as a round-turn. Commissions are known as round-turn only in futures trading, since the commission is assessed only after liquidation of the position.
Definition: The fee paid to a broker to execute a trade, based on number of shares, bonds, options, and/or their dollar value. In 1975, deregulation led to the establishment of discount brokers, who charge lower commissions than full service brokers. Full service brokers offer advice and usually have a staff of analysts who follow specific industries. Discount brokers simply execute a client's order and usually do not offer an opinion on a stock. Also known as a round-turn. Commissions are known as round-turn only in futures trading, since the commission is assessed only after liquidation of the position.
Commission Broker
Definition: A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.
Definition: A broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis.
Commission House
Definition: A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.
Definition: A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.
Commission-only Compensation
Definition: Payment to a financial advisers of only commissions on investments purchased when the client implements the recommended financial plan.
Definition: Payment to a financial advisers of only commissions on investments purchased when the client implements the recommended financial plan.
Commitment
Definition: Describes a trader's obligation to accept or make delivery on a futures contract. Related: Open interest.
Definition: Describes a trader's obligation to accept or make delivery on a futures contract. Related: Open interest.
Previous
Next
