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C
- CAC (Cotation Assistée en Continu) »
- Paris stock-market IT system of quotation.
- CAC 40 »
- Paris stock-market index, composed of equity of 40 companies out of the top 100 market capitalizations of the First Market, and whose business lines give the index a representative structure marketwise. It is the expression of the market capitalization of these 40 companies compared with a base 1000 at December 31, 1987.
- Capital gain, capital loss »
- difference between the price at which a share is sold and the price for which it was bought. If this difference is positive it is called a capital gain (the seller makes money) and if it is negative it is called a capital loss.
- Capital increase »
- procedure giving a company access to fresh equity capital by selling new shares on the market, usually for a lower price than the last quoted share price.
- Chart analysis »
- technical study whose objective is to determine market trends by analyzing charts based on share price evolutions and traded volumes.
- Consolidated accounts »
- accounts used for presenting the financial statements and results of several companies of a Holding as if they made up a single company.
- Continuous trading »
- continuous trading enables the execution of orders at any time during the session, between 9 a.m. and 5:30 p.m.
- Convertible bond »
- bond offering the possibility of being converted to a security that will give access to the issuer’s capital, following afore-fixed principles.
- Corporate governance »
- setting up of processes guaranteeing transparent information, an equal treatment of all shareholders and a balanced level of the power of decision shared between the company’s management and its shareholders.
- Cost of risk »
- book registration of provision charges and releases on banking risks (including provisions for credit risks and execution risks).
- Cost to income ratio »
- ratio showing how much of the NBI (Net Banking Income) is used to cover the company’s operating expenses.
- Coupon »
- the coupon attached to a security represents the owner’s right to be paid the revenue distributed for that security and for a given period (annual interest for a bond, dividend for a share).
- Custody charges »
- fees paid to banks by clients for the custody of their equities accounts.
- CVG (Certificat de Valeur Garantie) »
- French financial instrument guaranteeing a minimum share price at a specified future date. Issued on the occasion of financial operations (generally a takeover bid or a share exchange offer), it enables shareholders of the target company to receive an amount of money equal to the difference between the price offered in the takeover bid and a “reference share price”, should the former be higher, guaranteeing that the shareholder will get a minimum price in payment of his or her shares.








