What Is a Class C Share? Class C shares are a class of mutual fund share characterized by a level load that includes annual charges for fund marketing, distribution, and servicing, set at a fixed percentage. These fees amount to a commission for the firm or individual helping the investor decide on which fund to
What Is the China Securities Regulatory Commission (CSRC)? The China Securities Regulatory Commission (CSRC) is the national regulatory body that oversees the securities and futures industry of the country. The CSRC is the functional equivalent of the Securities and Exchange Commission (SEC) of the U.S., charged with maintaining orderly and fair markets. The CSRC includes
What Is C-Suite? C-suite, or C-level, is widely-used vernacular describing the upper echelons of a corporation’s senior executives and managers. C-suite gets its name from the titles of top senior executives, which tend to start with the letter C, for “chief,” as in chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO)
What Is a Commodity Trading Advisor (CTA)? A commodity trading advisor (CTA) is an individual or firm that provides personalized advice regarding the buying and selling of futures contracts, options on futures, and retail off-exchange forex contracts or swaps. Advisors who give such advice are required to be registered as a CTA by the National
What Is Customer to Customer (C2C)? Customer to customer (C2C) is a business model whereby customers can trade with each other, typically in an online environment. Two implementations of C2C markets are auctions and classified advertisements. C2C marketing has soared in popularity with the arrival of the internet and companies such as eBay, Etsy, and Craigslist. Key Takeaways
What Is a Cult Stock? A cult stock describes a stock that has a sizable investor following despite the company lacking when it comes to its underlying fundamentals. Cult stocks promise that they will be the next big company after they make a new discovery or get a large contract. They have an intense fanbase
What Is a Cult Brand? A cult brand refers to a product or service that has a relatively small but loyal customer base that verges on fanaticism. A cult brand, unlike more traditional brands, has customers who feel a sense of self-ownership or vested interest in the brand’s popularity and success. Brands with a cult
What Is Culture Shock? Culture shock refers to feelings of uncertainty, confusion, or anxiety that people may experience when moving to a new country or experiencing a new culture or surroundings. This cultural adjustment is normal and is the result of being in an unfamiliar environment. Culture shock can occur when people move to another
What Is Cum Coupon? The term “cum coupon” is used in the secondary market for bonds, which is the market in which investors buy and sell bonds from one another as opposed to buying those bonds directly from the issuer. It signifies that the bond being purchased will include the current coupon payment as part
What Is Cum Laude? The meaning of cum laude is “with praise” or “with honor” in Latin and represents an academic level of achievement. Educational institutions use the phrase to signify an academic degree awarded to someone with honorable excellence in academic coursework. It is a mark of distinction that some students and others use
