CBBC definition

CBBC means the contribution based benefit cap, a limit established by the public employees retirement board on the retirement allowance a member may receive.

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CBBC means the contribution based benefit cap, a limit established by the public

CBBC means Colorado Boxed Beef Company.

Examples of CBBC in a sentence

• Funding costs are gradually reduced over time as the CBBC moves towards expiry.

• The longer the duration of the CBBC, the higher the total funding costs.

• CBBC may be called at any time and trading will terminate as a result.

• In the event that a CBBC is called, investors will lose the funding costs for the entire lifespan of the CBBC.

• A CBBC will cease trading when the underlying asset value equals the mandatory call price/level as stated in the listing documents.

• Investors will only be entitled to the residual value of the terminated CBBC as calculated by the product issuer in accordance with the listing documents.

• When Category R CBBC expire early the holder may receive a small amount of Residual Value payment, but there may be no Residual Value payment in adverse situations.

• Once the CBBC is called, even though the underlying asset may bounce back in the right direction, the CBBC which has been called will not be revived and investors will not be able to profit from the bounce-back.

• When the underlying asset is trading close to the Call Price, the price of a CBBC may be more volatile with wider spreads and uncertain liquidity.

• The life of a CBBC may be shorter if called before the fixed expiry date.

More Definitions of CBBC

CBBC means ▇▇▇▇▇▇▇ Bay Boat Club Inc. and its related bodies corporate within the meaning of that expression in the Incorporated Associations Act carrying on the business in their own names and under any business names and their offices, servants, agents and contractors.

CBBC the BBC digital public service currently known as CBBC;

CBBC means the Canadian Beef Breeds Council whose principal place of business is at 320, 6715 – 8th Street N.E. Calgary, AB T2E 7H7;

CBBC means “callable bull/bear contract” which is a type of Structured Product that contains a mandatory call feature which obliges the issuer to call the CBBC when a mandatory call event occurs at any time before expiry. In the case of a CBBC, a mandatory call event occurs when the price or level of the underlying reaches a specified price or level; “CCASS” means the Central Clearing and Settlement System established and operated by HKSCC; “CCASS Clearing Agreement” means a written agreement under the CCASS Rules between a CCASS GCP and an Exchange Participant which is not a CCASS Clearing Participant; “CCASS Clearing Participant” means a person admitted by HKSCC to participate in CCASS as a CCASS DCP or CCASS GCP; “CCASS DCP” means a person admitted by HKSCC to participate in CCASS as a Direct Clearing Participant or a Broker Participant which is deemed to be a Direct Clearing Participant pursuant to the CCASS Rules; “CCASS GCP” means a person admitted by HKSCC to participate in CCASS as a General Clearing Participant; “CCASS Rules” means the General Rules of CCASS as may be amended or modified from time to time and where the context so permits, shall include the Operational Procedures; “CCMS” means the Common Collateral Management System, a common sub-system of CCASS and DCASS, operated by HKSCC, HKCC and SEOCH which enables SEOCH Participants to manage their collateral deposited with SEOCH; “Central Gateway” means a hardware and software component operated by the Exchange, which provides the communications interface between the System and BSS, NSTD or any other devices; “Central Gateway message” means a single instance of order or trade-related communication between a BSS or an NSTD and the Central Gateway; “Central Gateway session” means a connection to the Central Gateway for communication between a BSS or an NSTD and the Central Gateway; “cents” shall mean cents in the legal currency of Hong Kong, unless otherwise stated;

CBBC means the Canadian Beef Breeds Council;