Guaranteed Personal Loan
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See: Canadian Dealing Network 
 
CEC 
 
See: Commodities Exchange Center 
 
CEDEL 
 
A centralized clearing system for Eurobonds. 
 
CEG 
 
See: Canadian Exchange Group 
 
Certainty equivalent 
 
An amount that would be accepted in lieu of a chance to receive a possibly higher, but uncertain, amount. 
 
Certificate of deposit (CD) 
 
Also called a time deposit, this is a certificate issued by a bank or thrift that indicates a specified sum of
money has been deposited. A C.D. bears a maturity date and a specified interest rate, and can be issued in
any denomination. The duration can be up to five years. 
 
Certificates of Amortized Revolving Debt (CARDs) 
 
Pass-through securities backed by credit card receivables. 
 
Certificates of Automobile Receivables (CARs) 
 
Pass-through securities backed by automobile receivables. 
 
CFAT 
 
See: Cash flow after taxes 
 
CFAT 
 
Cash flow after taxes. 
 
CFC 
 
See: Controlled foreign corporation 
 
CFTC 
 
See: Commodity Futures Trading Commission 
 
Changes in Financial Position 
 
Sources of funds internally provided from operations that alter a company's cash flow position: depreciation,
deferred taxes, other sources, and capital expenditures. 
 
CHAP 
 
See: Clearing House Automated Payments System 
 
Characteristic line