Business and Personal Finance Dictionary

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• CATASTROPHE BOND - Definition: A Bond that promises a coupon (and principal, in some cases) that starts...
  
  
• CATASTROPHE CALL - Early redemption of a municipal revenue bond because a catastrophe has destroyed the...
  
  
• CATASTROPHE FUTURES - The ill-fated futures contract that the CBOT introduced in 1993. The underlying r...
  
  
• CATASTROPHE OPTIONS - The CBOT's option contracts on several regional indexes of losses. The option on ...
  
  
• CATASTROPHE SWAPS - Contracts similar to standard reinsurance contracts and traded on New York's Catast...
  
  
• CATASTROPHIC ILLNESS INSURANCE - Most health insurance policies cap, or limit, the amount they will pay...
  
  
• CATASTROPHIC POLICY - A policy that typically has high deductibles and high coverage limits. Also calle...
  
  
• CATCH 22 - what ever you do, it won't work (Joseph Heller book)
  
  
• CATCH-UP - a clause in the agreement between the general partner and the limited partners of a private ...
  
  
• CATHODE - A flat rectangular piece of metal which has been refined by electrolysis. Copper is commonly ...