1 2 3 4 5 7 8 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
C. Ca Cb Cc Cd Ce Cf Cg Ch Ci Cl Cm Co Cp Cr Cs Cu Cy
Co- Coa Cob Cod Coe Cog Coh Coi Col Com Con Coo Cop Cor Cos Cou Cov

Cooling degree day (CDD)

A measure of how much the average of the daily high and low temperature is greater than a reference temperature (typically 18°C or 65°F). Cumulatively CDDs measure the intensity and duration of warmth and indicate how much ‘cooling’ is required by, say, UK energy companies suffering poor sales during warm weather. An average daily temperature of 23°C creates 5 CDDs towards the season’s aggregate. UK energy companies hedge against warm weather by purchasing call options indexed by CDDs. Each CDD has a notional value, the tick, and the payout occurs when the cumulative CDDs exceed the strike. See WINTER SEASON; HEATING DEGREE DAYS; COOLING SEASON; GROWING DEGREE DAYS.

Cooling off period

1. Under the FSA’s Conduct of Business rule 6.7, it is the period allowed to a customer following his receipt of the statutory notice during which he may cancel his investment agreement. The period allowed in the case of life policies, pension contracts, appropriate personal pensions and other cancellable investment agreements varies between 14 and 30 days (www.fsa.gov.uk). 2. Periods of reflection are also allowed under the Consumer Protection (Distance Selling) Regulations, and this has implications for those selling insurance over the Internet and by other distance methods. 3. The cancellation rights of retail customers buying general insurance products are contained in Chapter 6 of the FSA’s Insurance: Conduct of Business Sourcebook. ICOB allows 30 days for pure protection contracts and 14 days for general insurance.
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A period during which one has agreed to enter into a transaction such as a health insurance agreement may withdraw without penalty.

Cooperating parties

Associations that maintain and update the International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM). They are the American Hospital Association (AHA), American Health Information Management Association (AHIMA), Centers for Medicare and Medicaid Services (CMS), and National Center for Health Statistics (NCHS).