1) An instruction to carry out certain money-market operations, particularly instructions given by the US Federal Reserve Open Market Committee.

2) A legislative decision by the European Union's Council of Ministers and Parliament, which is binding on member states but allows them to decide how to enact the required legislation.

See:

banking directives, Eighth Directive, Financial Services Directive, Fourth Directive, Investment Services Directive, Merger Control Directive, Second Directive, Seventh Directive, Solvency Ratio Directive.

• corporate anorexia
• corporate bond
• corporate finance
• corporate governance
• corporate raider
• corporate venturing
• corporate venturing scheme
• corporation
• corporation tax
• correlation
• correlation coefficient
• correspondent bank
• corset
• cost accountant
• cost-benefit analysis
• cost effectiveness
• cost of capital
• cost of carry
• cost of funds
• cost-plus contract
• cost-push inflation
• cote officielle
• coulisse
• council tax
• counterparty