What Is a Carbon Disclosure Rating? A carbon disclosure rating is a measure of the environmental sustainability of a company, based on voluntary disclosures by the company itself. The practice is intended to help investors who wish to incorporate environmental, social, and governmental (ESG) factors into their investment decision-making process. The most widely used carbon
What Is Carbon Trade? Carbon trade is the buying and selling of credits that permit a company or other entity to emit a certain amount of carbon dioxide or other greenhouse gases. The carbon credits and the carbon trade are authorized by governments with the goal of gradually reducing overall carbon emissions and mitigating their contribution
What is the Cardboard Box Index? The cardboard box index is used by some investors to gauge consumer goods production. The output of cardboard boxes is believed to be an indicator of future production of consumer goods, since cardboard containers are so common for packaging and shipping these goods. Key Takeaways The cardboard box index
What Is a Cardholder Agreement? A cardholder agreement is a legal document outlining the terms under which a credit card is offered to a customer. Among other provisions, the cardholder agreement states the annual percentage rate (APR) of the card, as well as how the card’s minimum payments are calculated. Key Takeaways The cardholder agreement
What Is Carding? Carding is a form of credit card fraud in which a stolen credit card is used to charge prepaid cards or purchase gift cards. Carding typically involves the holder of the stolen card or card information purchasing store-branded gift cards, which can then be sold to others or used to purchase other
Card-not-present fraud is a type of credit card scam in which the customer does not physically present the card to the merchant during the fraudulent transaction. Card-not-present fraud can occur with transactions that are conducted online or over the phone in which the user only provides the credit card numbers. Card-not-present fraud can be difficult
What Is Card-Present Fraud? Card-present fraud is a transaction in which the fraudulent party physically presents the counterfeit credit card to the merchant. By contrast, there are other types of credit card fraud that rely on digital methods where the card is not physically present. Key Takeaways Card-present fraud is a type of crime in
What Is a Card Reader? A card reader is a device that can decode the information contained in a credit or debit card’s magnetic strip or microchip. In finance, the term “card reader” refers to the technologies used to detect the account number, cardholder information, and authorization code contained on a credit card. This information is contained
What Is a Card Recovery Bulletin? A card recovery bulletin is a paper listing of lost, stolen, past-due, over-limit, counterfeit, or otherwise problem cards published by credit card companies such as Visa or MasterCard. Merchants will review the list to discover if a credit card seems suspicious or not. Key Takeaways A card recovery bulletin
What Are Custom Adjustable Rate Debt Structures (CARDS)? Custom Adjustable Rate Debt Structures (CARDS) were a type of tax shelter used by high net-worth individuals (HNWIs) and corporations. As with all tax shelters, the purpose of CARDS was to reduce the investor’s overall tax liability. In the case of CARDS, this was achieved by lending
