Glossary
Capital and Insurance Market
A segment of the non-banking financial system, regulated by the Financial Supervision Commission, which encompasses operations with financial instruments such as shares, bonds, derivatives, investment funds, as well as the activities of insurance companies and insurance intermediaries. Its purpose is to ensure the efficient functioning of capital and insurance services, the protection of investors and policyholders, and the stability of the financial system.
Card Verification Value/Code (CVV/CVC)
The last three digits (for VISA and MasterCard) located on the back of the payment card, to the right, in the white signature strip.
Career Adviser - glossary for children
A specialist who helps students and adults choose the right education and job and plan their future career.
Career - glossary for children
A person’s working life, including education, jobs, and experience.
Cash
Physical money – banknotes and coins used in everyday transactions.
Cash Collateral
A sum of money provided by the borrower to the lender as a guarantee for the fulfilment of an obligation or repayment of a debt. If the borrower fails to meet their obligations, the lender has the right to use this money to cover the debt. It can be used, for example, in loans, derivatives, or other financial transactions to reduce the lender’s risk.
Cash Flows
The movement of money into and out of the budget of an individual, household, or organisation over a specific period. It includes all inflows (income) and outflows (expenses).
Cash - glossary for children
Money in the form of notes and coins.
Cashless Payment
A form of monetary transaction in which physical cash (banknotes and coins) is not used. Instead, money transfers are carried out via banking or electronic means such as bank transfers, debit or credit card payments, mobile banking, digital wallets, or direct debit.
Cashless Safekeeping of Funds
A method of storing funds where money is not held in physical form (banknotes and coins) but instead kept as bank deposits, in current accounts, or in electronic wallets, accessible through electronic or banking systems.
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