CEC Financial Glossary

What is it? Commission of the European Communities

Finance Term Definition Added By: Max

Send To Friends!

If you'd like to send the CEC definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of CEC. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Tranche is A group of securities issued at the same time by the same issuer, that have differing characteristics such as risk, reward, maturity, and credit rating.

Financial Term Bankruptcy is Is a legal avenue debtors use to be legally released from their debts. When a person can no longer pay his obligations, he may opt to file for personal or business bankruptcy. There are several chapters of bankruptcy but the most commonly used Chapter 7 (total liquidation of assets), Chapter 11 (Business reorganization), Chapter 12 (Farm debt) and Chapter 13 (Repayment Plan).

Financial Term Checking Account is An account which allows the holder to write checks against deposited funds.

Financial Term Irregularity is Any infringement of a provision of Community law or any breach of a contractual obligation resulting from an act or omission by a contractor which has, or would have, the effect of prejudicing the general budget of the Communities or budgets managed by them through unjustified expenditure.

Financial Term Dividends is Payment made by a company to its stockholders that is usually a portion of profits.