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Custodian
Either (1) a bank, agent, trust company, or other organization responsible for safeguarding financial assets, or (2) the individual who oversees the mutual fund assets of a minor's custodial account.
Custodian bank
Applies mainly to international equities. Bank or other financial institution that keeps custody of stock_certificate and other assets of a mutual fund, individual, or corporate client. See: Depository Trust Company (DTC)
Customary payout ratios
A range of payout ratios that is typical according to an analysis of comparable firms.
Customer picking prices
Customer is firm on price and has set the price at which to transact.
Customer's loan
Agreement signed by a margin customer that allows a broker to borrow margin_security up to the level of the customer's debit balance to help cover other customers' short_position.
Customer's net debit balance
The total amount of credit given by NYSE member_firm to finance customers purchasing securities.
Customized benchmarks
A benchmark that is designed to meet a client's requirements and long-term objectives.
Customs Broker
An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities.
Customs union
An agreement by two or more countries to erect a common external tariff and to abolish restrictions on trade among members.
Cut Off Date
The date prescribed in the unclaimed property law in most states for determining the items of property that must be turned over to the state. See: Escheat.
Cutoff point
The lowest rate of return acceptable on investments.
CV
The ISO 3166 country code for CAPE VERDE.
CVE
The ISO 4217 currency code for Cape Verde Islands Escudo.
CX
The ISO 3166 country code for CHRISTMAS ISLAND.
CY
The ISO 3166 country code for CYPRUS.
Cycles
A full orbital period.
Cyclical stock
Stock that tends to rise quickly when the economy turns up and fall quickly when the economy turns down. Examples are housing, automobiles, and paper.
Cyclical unemployment
Unemployment caused by a low level of aggregate demand associated with recession in the business cycle.
CYP
The ISO 4217 currency code for Cyprus Pound.
CZ
The ISO 3166 country code for CZECH REPUBLIC.
CZK
The ISO 4217 currency code for Czech Republic Koruna.
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