What Are Cookie Jar Reserves? Cookie jar reserves are savings from previous quarters that a company records as earnings in subsequent quarters to make it appear that its earnings were higher than they really were. When a company fails to meet its earnings target, a company accountant can dip into the cookie jar to inflate
What Is ‘Cook the Books’? Cook the books is a slang term for using accounting tricks to make a company’s financial results look better than they really are. Typically, cooking the books involves manipulating financial data to inflate a company’s revenue and deflate its expenses in order to pump up its earnings or profit. Key
What Is Cooperative Insurance? Cooperative (or co-op) insurance is a type of property-casualty insurance for owners of co-op apartments (or other cooperative organizations). These policies generally cover losses to their building or individual units. For residential co-ops, this type of coverage includes burglary, fire damage, and liability, among others. Generally, a co-op building provides coverage for common areas
What Is a Co-Owner? A co-owner is an individual or group that shares ownership of an asset with another individual or group. Each co-owner owns a percentage of the asset, although the amount may vary according to the ownership agreement. The rights of each owner are typically defined in accordance with a contract or written
What Is Construction Occupancy Protection Exposure (COPE)? Construction Occupancy Protection Exposure (COPE) is a set of risks that property insurance underwriters review when determining whether to offer an insurance policy. COPE allows the insurer to evaluate the risks of insuring a piece of real estate, which will ultimately determine whether a policy is created or not.
What Is Corporatization? Corporatization refers to the restructuring or transformation of a state-owned asset or organization into a corporation. These organizations typically have a board of directors, management, and shareholders. However, unlike publicly traded companies, the government is the company’s only shareholder, and the shares in the company are not publicly traded. The aim of corporatization is
What Is the Coppock Curve? The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index. It
What Is Copyright? Copyright refers to the legal right of the owner of intellectual property. In simpler terms, copyright is the right to copy. This means that the original creators of products and anyone they give authorization to are the only ones with the exclusive right to reproduce the work. Copyright law gives creators of
What Is Copyright Infringement? Copyright infringement is the use or production of copyright-protected material without the permission of the copyright holder. Copyright infringement means that the rights afforded to the copyright holder, such as the exclusive use of a work for a set period of time, are being breached by a third party. Music and
What Are Core Competencies? Core competencies are the resources and capabilities that comprise the strategic advantages of a business. A modern management theory argues that a business must define, cultivate, and exploit its core competencies in order to succeed against the competition. Key Takeaways Core competencies are the defining characteristics that make a business or
