Category: C

the term given to an appeal where both parties will appeal the judgement rendered.

A single COLLATERAL agreement that covers multiple LOANS or credit facilities. Also known as DRAGNET CLAUSE. See also POOLED PORTFOLIO COLLATERAL, TRANSACTIONSPECIFIC COLLATERAL.

the name given to the branch of science that is devoted to studying crime and criminals.

A GUARANTEE provided by one company to another company that is often related, such as a subsidiary or joint venture, and a reciprocal guarantee provided in the opposite direction. Cross guarantees may be highly correlated, meaning the financial performance of one guarantor can improve or deteriorate at the same time as that of the second guarantor; this can magnify any associated CREDIT RISK exposures. Also known as PIG ON PORK. See also FINANCIAL GUARANTEE. CROSS HEDGE See CROSS ASSET HEDGE.

One who decoys and plunders sailors under cover of harboring them. Wharton.

A FOREIGN EXCHANGE rate between two currencies that does not involve the US dollar.

the term that is applied to anything that is disabling physically.

Minority stakes held by two companies in each other; this is often done to help strengthen long Êterm business relationships, and is particularly prevalent in RELATIONSHIP MODEL countries such as Germany and Japan.

In old Scotch law. A weregild. A composition, satisfaction, or assythnient for the slaughter of a man.

An action brought by one who is defendant in a suit against the party who is plaintiff in such suit, upon a cause of action growing out of the same transaction which is there in controversy, whether it be a contract or tort.