The consolidated display is something important in the electronic trading of stocks and other securities. It means showing specific required information all together in one place. This is done according to rules and laws about trading. The consolidated display must show the best prices people want to buy and sell a stock for. These are…
A consol is a type of government debt in the United Kingdom. The full name for Consols is Consolidated Fund Annuities. They represent debt that never has to be paid back. This is why we say the debt is “perpetual.” How the UK government issues Consols Consols are part of the UK government’s gilt program….
The concept of consistency is one of the most essential concepts in accounting. It says that a company should use the same accounting methods and measure things the same way each time it makes its financial statements. This lets you compare the statements from different periods to see how the company is doing. Why consistency…
When something terrible happens to your property, like a fire or flood, it can mean you can’t use that property anymore. Maybe it’s a store where you sell things or a factory where you make stuff. You lose money if your business has to shut down because of this damage. Even if insurance pays to…
Consensus earnings is a fancy word that bankers and investors use. It means the average of many guesses about how much money a company will make. These guesses are made by people called financial analysts who study the company. What are Earnings? Before discussing consensus earnings, let’s chat about regular earnings first. Earnings is just…
A supervisory board is part of the leadership of some kinds of companies in France. These companies use something called a “dual board” system. This means they have two separate boards that lead the company. The supervisory board keeps an eye on the management board. The management board handles the day-to-day running of the company….
A confirmed letter of credit is a way for banks to guarantee payments in international trade deals. It’s an extra layer of security on top of a regular letter of credit. With a confirmed letter of credit, a second bank steps up and says, “We’ve got your back.” They promise to pay the seller (the…
Let’s say you want to know something about a big group of things or people. Maybe how much money people make on average in a country. You can’t go asking every single person – no way! That’d take forever. What do you do then? You pick a smaller bunch of people, just a snippet of…
A conduit is a unique company or trust made to buy assets. The assets are for securitization or asset-backed commercial paper (ABCP). Sometimes, a private company like a bank or securities firm makes the conduit. They are called the sponsor. Sometimes, the government makes the conduit, too. The sponsor sells or gives assets to the…
A conditional put convertible bond is a special kind of bond. It’s a bond that can change into something else – stock shares in the company that gave out the bond. That’s why it’s called a “convertible” bond. The “conditional put” part means the person who owns the bond can choose to sell it back…
