Consolidated balance sheet

The balance sheet of a group providing the financial information contained in the individual financial statement of the parent company of the group and its subsidiary

Computer-to-interface(CTCI)

It is computer system which allows the simultaneous reporting of trade and the recording of the same trade on the securities house`s own data store

Computer assisted trading CAT

The use of computers by brokers and traders on a market such as stock exchange to facilitate trading by displaying prices recording deals

Cumulative preference shares

A type of preference share that entitles the owner to receive and dividends not paid in previous

Current ratio [working -capital ratio]

The ratio of the current assets of a company to the current liabilities and used to test liguidity

what is current assets

Assets that form,part of the working capital of a business and are turned over frequently in the caurse of trade.

What is current liabilities

Amount owed by a business to other organization and individuals that should be paid within one year from the balance sheet date

Certificate of Deposits(CD)

A negotiable certificate issued by a bank in return for a term deposits of upto five years

Cash ratio(liquidity ratio)

The ratio of the cash reserve that a bank keeps in coin banknotes ,to its total liabilities to its customers

Capped mortgage

A morgage in which the variable interest rate paid by the borrower cannot rise above a specified levels usually for the first few years of the loan