Client money

Authorised firms are bound, unless risk transfer applies, by the FSA to segregate all client money on a daily basis in accordance with the client money rule 4 in the Client Asset Sourcebook for designated investment business and rule 5 for general insurance. For investment business this means segregating money belonging to the client held either as free money or settlement money. For general insurance, client money usually means premiums received from a customer but also covers return premiums and claims money if received for the client. Money received by general insurance intermediaries, other than under a risk transfer agreement, must be segregated in a statutory or non-statutory trust meaning the money is ‘ringfenced’ and therefore beyond the reach of the intermediary’s creditors.

Client/server system

Computer configuration that allows several local area network–based workstations (clients) to share access to a more powerful server computer, as might be used in a health care management plan. Processes are divided between two systems (client and server) that work together to perform a task such as obtaining information from a database.

Clinic

Outpatient facility that provides medical services by a group of physicians practicing medicine together and assumes health care responsibility for ambulatory patients (e.g., physical therapy for rehabilitative purposes, diagnostic x-rays, laboratory tests, educational services).

Clinical

1. Pertaining to a clinic. 2. Pertaining to direct bedside medical or nursing care. 3. Pertaining to materials or equipment used in the care of a sick person. 4. Experience of students in training. 5. Pertaining to tasks connected with medical practice.

Clinical data repository (CDR)

Computer-based patient record (CPR) that contains a collection of clinical key data from several sources. These data may be monitored and analyzed and are retrievable. The data can be assembled into reports or used for help in decision making. They can also be part of an institutional information warehouse or community or state health information system. Sometimes referred to as a data warehouse or clinical data warehouse (CDW).