Guaranteed Personal Loan
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Comprehensive due diligence investigation 
 
The investigation of a firms business in conjunction with a securities offering to determine whether the firms
business and financial situation and its prospects are adequately disclosed in the prospectus for the offering. 
 
Concentration account 
 
A single centralized account into which funds collected at regional locations (lockboxes) are transferred. 
 
Concentration services 
 
Movement of cash from different lockbox locations into a single concentration account from which
disbursements and investments are made. 
 
Concession agreement 
 
An understanding between a company and the host government that specifies the rules under which the
company can operate locally. 
 
Conditional call 
 
Mainly applies to convertible securities. Circumstances under which a company can effect an earlier call,
usually stated as percentage of a stocks trading price during a particular period, such as 140% of the
exercise price during a 40-day trading span. 
 
Conditional sales contracts 
 
Similar to equipment trust certificates except that the lender is either the equipment manufacturer or a bank
or finance company to whom the manufacturer has sold the conditional sales contract. 
 
Condor 
 
Applies to derivative products. Option strategy consisting of both puts and calls at different strike prices that
capitalizes on a narrow range of volatility. The payoff diagram takes the shape of a bird. 
 
Confidence indicator 
 
A measure of investors faith in the economy and the securities market. A low or deteriorating level of
confidence is considered by many technical analysts as a bearish sign. 
 
Confidence letter 
 
Often used in risk arbitrage. Statement by an investment bank that it is highly confident that the financing for
its client/acquirers takeover can and will be obtained. 
 
Confidence level 
 
The degree of assurance that a specified failure rate is not exceeded. 
 
Confirmation 
 
The written statement that follows any trade in the securities markets. Confirmation is issued immediately
after a trade is executed. It spells out settlement date, terms, commission, etc. 
 
Confirm me out