Clearing house

What is a clearing house? A “clearing house” acts as a middleman who secures the fulfillment of transactions between buyers and sellers within a stock market. To “clear” these transactions, they play the role of a buyer when facing a seller and vice versa while taking full responsibility for the completion of a deal. The [...]


Circuit Breaker

What is a circuit breaker? A “circuit breaker” is a system that limits the risk of buying and selling within a stock market. When the market price of the particular commodity or currency increases or decreases more than expected, a circuit breaker kicks in, which momentarily stops all trading. Circuit breakers are used in economies [...]


What is a chattel? A personal possession or tangible, moveable, personal asset. Etymologically speaking, chattel comes from French word "chatel" derived from Latin meaning "property or goods." These properties are not attached to any foundations, unlike real properties and fixtures. Generally, a chattel property is accounted for differently because its value rapidly depreciates. Its price [...]


What is closing? When traders or investors talk about closing, they do not mean stopping their businesses. Instead, the term closing refers to the end of trading hours of the stock market. While closing hours vary with the location where the stock market is operating, usually closing means the end of the New York Stock [...]


What is a check?         A written order to a bank to transfer money directly from one account holder's bank to the recipient's.         Through the check system, two or more parties can make monetary transactions without using actual currency like cash.         In some parts of the world, the word "cheque" is used. The format of a [...]


What is a ceiling? In the financial world, a ceiling is the maximum allowable limit for any kind of price. The government, through the administrative bodies at the state and federal levels, ensures that ceilings are observed and in place. A ceiling is implemented for many reasons, but they’re mainly used to control prices and [...]

Chamber of Commerce

What is a chamber of commerce? A chamber of commerce is a private coalition of entrepreneurs. It is a network of businessmen and women whose chief objective is to protect the commercial interest of the group. These organizations boost business visibility locally through organizing events and, most especially, through representing the business community to the [...]