Cumulative Preference Shares

A type of preference shares on which dividend accumulates if not paid. All arrears of preference dividend have to be paid out before paying dividend on equity shares.

Cross-Rate (U.S)

The exchange rate between currencies A and C which is derived from the rate between A and B and the rate between B and C. Thus if $ 1 = DM 2.50 and $1=Yen 250, the cross rate between the ..

Quiz 460: General Studies for All Examinations

1. Which among the following acid is used to ascertain, whether pure Ghee has been adulterated with Vanaspati or Margarine? Sulphuric Acid Nitric Acid Hydrochloric Acid Boric Acid 2. Consider the following:  She is the first person of Indian origin ..

Cross hedging

Practice of altering the risk characteristic of a predetermined position in one cash good by taking out a position in a future or forward contract which is based on a good which differs significantly from that of the initial cash ..

Cross collateralization

Practice of using assets as back up or secondary collateral for debt other than the debt they are primarily pledged for. A network of cross collateralization may facilitate an increase in borrowing or a reduction in borrowing cost.

Credit rating agency

Credit rating agency means a body corporate which is engaged in, or proposes to be engaged in, the business of rating of securities offered by way of public or rights issue.