Business and Personal Finance Dictionary

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• CUBIC SPLINE - A mathematical technique used for yield curve smoothing. A cubic spline fits a different...
  
  
• CUBS - Customized Upside Basket Securities (q.v.). Bear Stearns's proprietary debt securities, with par...
  
  
• CUL DE SAC - a street with a dead end, usually with adequate space at the end for vehicles to turn arou...
  
  
• CUL-DE-SAC - A dead-end street, often with a broad circle at the end with houses arrayed around it; fro...
  
  
• CULPEPER SWITCH - a federal reserve facility located in Culpeper, Virginia, just south of Washington, D...
  
  
• CUM - Is derived from Latin and refers to "with," "attached," or "included." This compares to Ex-.
  
  
• CUM DIVIDEND - With dividend; said of a stock whose buyer is eligible to receive a declared dividend. S...
  
  
• CUM RIGHTS - With rights.
  
  
• CUMULATIVE ABNORMAL RETURN - The differences between the expected return on a stock and the actual retu...
  
  
• CUMULATIVE ABNORMAL RETURN (CAR) - Sum of the differences between the expected return on a stock (syste...