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DEFINITIONS - It is common to be unsure or confused about the terms used in the financial industry. We have included several definitions we hope clarify your understanding before you invest. Click on a letter below which is the same as the first letter of the term you wish to define:
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  C  
     
  CAC 40 – the primary stock exchange index in France  
     
  Common Stock – a security representing a share of ownership in a corporation  
     
  Corrective Distribution – a mechanism for distributing excess deferrals, excess contributions, and excess aggregate contributions in order to satisfy statutory limits or ADP, ACP, and multiple use tests

 
     
  Custodian - the organization (usually a bank or trust company) that holds in safekeeping the securities and other assets of a plan

 
     
     
     
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