CalPERS

Inflation Assets Glossary

This Glossary identifies, defines, and clarifies the meaning of investment terms used by CalPERS in our investment policies. The purpose of the Glossary is to establish a uniform vocabulary of terms for users of these policies.

Choose from the letters below to find a specific Inflation Assets Investment Policy term or phrase. You'll also find information about the related policies and asset classes for each term.

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  #  ALL  


C


Cash Commodity - A physical commodity, not a commodity future, the prices of which can be different for a variety of reasons

Related Policy


Collateral - Assets used as a support for financial risk, and can be used to fulfill financial obligations. In the context of futures, the collateral on deposit as margin in brokerage accounts is typically low risk financial assets such as cash, Treasury bills or bonds held by the futures brokerage firm as security against adverse market moves of futures positions.

Related Policy


Commodities and Futures Trading Commission (CFTC) - An agency of the U.S. federal government that regulates the U.S. commodity futures and options markets. The CFTC is responsible for insuring market integrity and protecting market participants against manipulation, abusive trading practices, and fraud.

Related Policy


Commodity - A commodity is a good that can be traded and delivered. The prices of commodities are determined on the basis of an active market. Typically commodities are of uniform quality and are produced by many different producers. Physical commodities, which can be stored, include energy (oil and its products, natural gas), metals (both industrial and precious), and agricultural products (grain, livestock, other ?softs?). Non-physical commodities include electricity and emission credits

Related Policy


Counter Party - The entity which is in the opposing position to a transaction.

Related Policy


Custodian - A bank or other financial institution that provides custody of stock certificates and other assets of an institutional investor.

Related Policy