What Is the CFP Franc (XPF)? The CFP franc (XPF) is the official currency of four French overseas island collectivities: French Polynesia, New Caledonia, Wallis, and Futuna. The currency was introduced in 1945 to protect the colonies from the post-Second World War devaluation of the French franc and is subdivided into 100 centimes. The XPF
What Is Cost and Freight (CFR)? Cost and freight (CFR) is a legal term used in foreign trade contracts. In a contract specifying that a sale is cost and freight, the seller is required to arrange for the carriage of goods by sea to a port of destination and provide the buyer with the documents necessary
What Is Capital Gains Exposure? Capital gains exposure is an assessment of the extent to which a stock fund or other similar investment fund’s assets have appreciated or depreciated. Capital gains exposure may have tax implications for investors. Understanding Capital Gains Exposure (CGE) Positive capital gains exposure would mean that the assets in the fund
What Is the Chaikin Oscillator? The Chaikin oscillator is named for its creator Marc Chaikin. The oscillator measures the accumulation-distribution line of moving average convergence-divergence (MACD). To calculate the Chaikin oscillator, subtract a 10-day exponential moving average (EMA) of the accumulation-distribution line from a 3-day EMA of the accumulation-distribution line. This measures momentum predicted by oscillations around the
What Is the Chain Ladder Method? The Chain Ladder Method (CLM) is a method for computing the claims reserve requirement in an insurance company’s financial statement. The chain ladder method is used by insurers to forecast the amount of reserves that must be established in order to cover projected future claims by projecting past claims experience
What Is Chain-Weighted CPI? Chain-weighted CPI, or chained CPI, is an alternative measurement for the Consumer Price Index (CPI) that considers changes to consumer spending patterns to provide a more accurate picture of the cost of living based on the goods that consumers actually buy. Key Takeaways Chain-weighted CPI takes real-word purchasing decisions into account
What Is Chain Of Title? The term chain of title refers to the history of ownership of a piece of property. Titles are normally registered for land and real estate, personal property—such as a vehicle—or a business. Titles are normally registered and maintained with a centralized registry or authoritative body. The chain of title traces
What Are On-Chain Transactions? On-chain transactions refer to cryptocurrency transactions that occur on the blockchain and remain dependent on the state of the blockchain for their validity. On-chain transactions are considered valid only when the blockchain has been updated to reflect the transactions on the public ledger. On-chain transactions offer security and transparency since they can’t
What Is a Chameleon Option? A chameleon option has the ability to change its structure should predetermined terms of the contract be met, such as a specified increase or decrease in the price of the underlying asset. A chameleon option gives an investor greater flexibility in that they can trade a chameleon option instead of trading
What Is the Certainty Equivalent? The certainty equivalent is a guaranteed return that someone would accept now, rather than taking a chance on a higher, but uncertain, return in the future. Put another way, the certainty equivalent is the guaranteed amount of cash that a person would consider as having the same amount of desirability
