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Category: C

Chinese Wall

Definition The term “Chinese Wall” in finance refers to a business practice that involves creating an information barrier within a firm to prevent conflicts of

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Chi Square Statistic

Definition The Chi Square Statistic is a statistical measure used in hypothesis testing to determine if there’s a significant difference between observed and expected frequencies

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Child Tax Credit

Definition The Child Tax Credit is a benefit granted to taxpayers for each qualifying child under a certain age, helping to reduce their annual tax

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Churn Rate

Definition Churn rate, also known as attrition rate, is a business metric that calculates the number of customers who leave a product over a given

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Clearing

Definition Clearing in finance is the process of settling a transaction after the trade has been made. It involves the matching of the buying and

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Churning

Definition Churning, in finance, refers to the practice of a broker conducting excessive buying and selling of securities in a client’s account primarily to generate

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Clawback

Definition A clawback is a contractual provision under which money already paid to an individual must be returned under certain circumstances. It’s often used in

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Closed Economy

Definition A closed economy is an economic model that refers to a country that does not engage in international trade, neither exporting nor importing goods

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Classical Economics

Definition Classical Economics is a school of economic thought originating in the 18th century, largely based on the works of economists such as Adam Smith

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Clearing House

Definition A Clearing House is a financial institution formed to facilitate the exchange (clearance) of payments, securities, or derivatives transactions. It acts as an intermediary

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