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Category: C

Ceteris Paribus

Definition Ceteris paribus is a Latin phrase, used in economics, that means “all other things being equal.” It is applied to economic theories or analyses

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Chattel Mortgage

Definition A Chattel Mortgage is a legal agreement where a personal movable property (the chattel) is used as security for a loan. This means that

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Chairman

Definition In a financial context, a Chairman is the highest-ranking officer in a company or corporation’s board of directors. They are responsible for facilitating board

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Chief Technology Officer (CTO)

Definition The Chief Technology Officer (CTO) is a high-ranking executive position within a company responsible for managing an organization’s technological needs and goals. Their duties

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Chief Operating Officer (COO)

Definition The Chief Operating Officer (COO) is a high-ranking executive role in a business responsible for the daily operations and administration of the company. The

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Checking Account

Definition A checking account is a type of deposit account held at a financial institution that allows withdrawals and deposits. Users can access their money

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Chief Executive Officer (CEO)

Definition The Chief Executive Officer (CEO) is the highest-ranking executive in a company or organization. They make major corporate decisions and manage the overall operations

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Checks and Balances

Definition Checks and balances in finance usually refer to methods used to ensure accuracy and accountability in financial transactions or processes. It’s a system where

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Check

Definition A check is a written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money

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