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Correction
CorrectionReverse movement, usually downward, in the price of an individual stock, bond, commodity, or index. RELATED TERMS-------------------------------------- Price The cost of a good or service to the consumer. Stock US equivalent of the British word "share", a block of shares with a nominal value of 100, or various kinds of fixed-interest securities; in Britain, goods stored ready for sale, raw materials, work in progress and finished but unsold products. Bond Certificate, stating that the issuer is committing himself to repay the loan, including interest and other payments, to the holder. Commodity A commodity is food, metal, or another fixed physical substance that investors buy or sell, usually via futures contracts. Index In the stock market, an index is a device that measures changes in the prices of a basket of shares, and represents the changes using a single figure. SIMILAR TERMS-------------------------------------- Correio Braziliense Correio Braziliense is a Brazilian newspaper. Correio da Manha Correio da Manha is a Portuguese newspaper. Correio do Minho Correio do Minho is a Portuguese newspaper. Correlation Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. Correlation coefficient A standardized statistical measure of the dependence of two random variables, defined as the covariance divided by the product of the standard deviations of two variables. Correo del Caroni Correo del Caroni is a newspaper in Ciudad Guayana, Venezuela. Correspondent A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market. Correspondent bank Bank that accepts deposits of, and performs services for, another bank (called a respondent bank). Corriere della Sera Corriere della Sera is an Italian newspaper. CORRY AREA SCHOOLS Credit Union CORRY AREA SCHOOLS is a credit union with head office in CORRY, PA CORRY Credit Union CORRY is a credit union with head office in CORRY, PA PREVIOUS AND NEXT TERMS-------------------------------------- Corporate processing float The time that elapses between receipt of payment from a customer and the deposit of the customer's check in the firm's bank account; the time required to process customer payments. Corporate repurchase Active buying by a corporation of its own stock in the marketplace. Corporate tax view The argument that double (corporate and individual) taxation of equity returns makes debt a cheaper financing method. Corporate taxable equivalent Rate of return required on a par bond to produce the same after-tax yield to maturity that the quoted premium or discount bond would generate. Corporate trust The function of servicing and maintaining records for debt securities issued by a corporation. Correction Correlation Statistical measure of the degree to which the movements of two variables (stock/option/convertible prices or returns) are related. Correlation coefficient A standardized statistical measure of the dependence of two random variables, defined as the covariance divided by the product of the standard deviations of two variables. Correspondent A financial organization that performs services (acts as an intermediary) in a market for another organization that does not have access to that market. Correspondent bank Bank that accepts deposits of, and performs services for, another bank (called a respondent bank). Cosigner A term referring to a person, other than the principal borrower, who signs for a loan. The cosigner(s) assumes equal liability for the loan. We thank you for using the Financial Dictionary to search for Correction. If you have a better definition for Correction than the one presented here, please let us know by making use of the suggest a term option. This definition of Correction may be disputed by other professionals. Our attempt is to provide easy definitions on Correction and any other medical topic for the public at large.
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