What Is a Catch-Up Contribution? A catch-up contribution is a type of retirement savings contribution that allows people aged 50 or older to make additional contributions to 401(k) accounts and individual retirement accounts (IRAs). When a catch-up contribution is made, the total contribution will be larger than the standard contribution limit. The Economic Growth and Tax
What Is a Category Killer? A category killer is a large retail chain superstore that dominates its product category and puts less productive and highly specialized merchants out of business. The original category killers proliferated during the 1980s and 1990s and generally excelled until the arrival of e-commerce, which paved the way for a new
What Is Compound Accreted Value (CAV)? Compound accreted value (CAV) is a measure of the value of a zero-coupon bond at a point in time prior to its maturity date. The CAV is calculated by taking its original purchase price and adding the accrued interest previously earned by the bondholder. CAV is a useful metric
What Does Caveat Emptor Mean? Caveat emptor is a Latin phrase that translates to “let the buyer beware.” It means that an individual buys at their own risk. Potential buyers are warned by the phrase to do their research and ask pointed questions of the seller. The seller isn’t responsible for problems that the buyer
What Is Caveat Subscriptor? Caveat subscriptor is a Latin term used in trading to mean “let the seller beware” and in legal language to refer to the obligations of a contract signer. Caveat subscriptor is also referred to as “caveat venditor.” Key Takeaways Caveat subscriptor is a Latin term used in trading to mean “let
What Is a Collateralized Borrowing and Lending Obligation (CBLO)? A collateralized borrowing and lending obligation (CBLO) is a money market instrument that represents an obligation between a borrower and a lender concerning the terms and conditions of a loan. CBLOs allow those restricted from using the interbank call money market in India to participate in
What Is a Collateralized Bond Obligation? A collateralized Bond Obligation (CBO) is an investment-grade bond that is backed by a pool of junk bonds. Junk bonds are typically not investment grade, but because the pool includes several types of credit quality bonds together from multiple issuers, they offer enough diversification to be structured as “investment
What Is the CBOE Options Exchange? Founded in 1973, the CBOE Options Exchange is the world’s largest options exchange with contracts focusing on individual equities, indexes, and interest rates. Originally known as the Chicago Board Options Exchange (CBOE), the exchange changed its name in 2017 as part of a rebranding effort by its holding company, CBOE Global
What Is Capital Cost Allowance (CCA)? Capital Cost Allowance (CCA) is an annual deduction in the Canadian income tax code that can be claimed on depreciable assets when figuring taxable income under the umbrella of the Income Tax Act. Claimed as a percentage of the asset’s cost for a number of years, the CCA is
What Is the Consumer Credit Delinquency Bulletin (CCDB)? The Consumer Credit Delinquency Bulletin (CCDB), or the credit bulletin for short, is a quarterly survey and newsletter produced by the American Bankers Association (ABA) that reports data on consumer credit trends. The purpose of the newsletter is to help banks assess their loan portfolio performance and allow banks
