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
What Is the Consumer Confidence Index (CCI)? The Consumer Confidence Index (CCI) is a survey, administered by The Conference Board, that measures how optimistic or pessimistic consumers are regarding their expected financial situation. The CCI is based on the premise that if consumers are optimistic, they will spend more and stimulate the economy but if
What Is Collaborative Commerce (C-commerce)? Collaborative commerce (C-commerce) is the optimization of supply and distribution channels to capitalize on the global economy by using new technology efficiently. In collaborative commerce, organizations coordinate with each other to maximize their efficiency and profitability. However, it can also mean consumers get what they need from each other instead
What Is a C Corporation? A C corporation (or C-corp) is a legal structure for a corporation in which the owners, or shareholders, are taxed separately from the entity. C corporations, the most prevalent of corporations, are also subject to corporate income taxation. The taxing of profits from the business is at both corporate and
What Is the Canada Revenue Agency (CRA)? Canada Revenue Agency (CRA) is a federal agency that collects taxes and administers tax laws for the Canadian government, as well as for many of Canada’s provinces and territories. The Canada Revenue Agency, or Agence du revenu du Canada, also oversees a variety of social and economic benefit
What Is a Capital Dividend Account (CDA)? The capital dividend account (CDA) is a special corporate tax account that gives shareholders designated capital dividends, tax-free. This account is typically used in Canada and is not recorded in the corporation’s taxable accounting entries or financial statements. Key Takeaways The capital dividend account (CDA) is a special
What Is a Community Development Financial Institution (CDFI)? Community Development Financial Institutions (CDFIs) are private sector financial institutions that focus primarily on personal lending and business development efforts in poorer local communities requiring revitalization in the U.S. CDFIs can receive federal funding through the U.S. Department of the Treasury by completing an application. They can also receive
What Is a CD Ladder? A CD ladder is a strategy in which an investor divides a sum of money into equal amounts and invests them in certificates of deposit (CDs) with different maturity dates. This strategy decreases both interest rate and reinvestment risks. A CD is an investment product that offers a fixed interest
