Dictionary


Correlation Coefficient
Degree to which two series of numbers plot as a straight line. A correlation coefficient of 1 (or -1) indicates that the two series of numbers plot exactly along a straight line.
Country Risk
General level of political, financial, and economic uncertainty in a country.
Credit Risk
A measure of a bond issuer's ability to repay its principal and interest as promised.
Cross Hedge
Hedging a cash position in one commodity or financial instrument by initiating a position in a futures contract for a different but related commodity or instrument.
Cross Rate
The price of one foreign currency expressed in relation to another foreign currency other than the U.S. dollar.