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coefficient of variation (C1)<br />The ratio of a STANDARD DEVIATION to an ARITHMETIC MEAN of a set of values, usually expressed as a percentage. This is a better measure of the dispersion of a set of values than the standard deviation as it can be used for different measures with different magnitudes and can cope with two measures expressed in different units, e.g. monetary and physical.
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<strong>Response File</strong> – The CommonLine file type used to return responses to application send files and change transaction send files. A response file contains a snapshot of the processor' s database after processing an application for guarantee or after posting a change transaction. A response file generally contains “R records” but may also contain “M records,” if desired.
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compensating wage differential (J3)<br />A differential in wages or salaries created to compensate for a poor job attribute, e.g. a health hazard or variability of earnings. Firms grant these differentials to enable them to retain staff in undesirable jobs and to recruit new workers.
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charge card (G2)<br />A plastic card issued by a financial institution, such as a bank or a retailer, which allows the holder to charge the sum due for the purchase of goods or services to an account. This reduces the need to hold cash for transactions purposes and provides the holder with credit until the account is payable. Major examples of such cards include those issued by American Express and the Diners' Club.<br /><em>See also:</em> credit card; debit card
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