where the underlyingcommodity can be stored, insured, and converted into the future easily and inexpensively. Arbitrageurs, because of the ease of switching from the spot commodity to futures, will keep these markets in line with prevailing interest rates. Cost company arrangement Arrangement whereby the shareholders of a project receive output free of charge but agree to pay all operating and financing charges of the project. Cost of equity The required rate of return for an investment of 100% equity. Cost of funds Interest rate associated with borrowingmoney. Cost of goods sold The total cost of buyingraw materials, and paying for all the factors that go into producing finished goods. Cost of lease financing A lease'sinternal rate of return. Cost of limited partner capital The discount rate that equates the after-tax inflows with outflows for capital raised from limited partners. Cost Insurance and Freight (CIF) Seller is responsible for the payment of freight to carry goods to a named destination, as agreed with the buyer. The seller is also responsible for providing cargo insurance at minimum coverage against the buyer's risk of loss or damage to the goods during transport. This term should be used with ocean shipments only, as the point where risk and responsibility pass from seller to buyer is the rail of the carrying vessel. "Cost me" Refers to over-the-counter trading. "The price I must pay to obtain the securities you wish to buy is [$]". Usually, a standard markup is then applied for resale to this buyer. Antithesis of can get. Cost-plus contract A contract in which the selling price is based on the total cost of production plus a fixed percentage or fixed amount. Cost-push inflation Inflation caused by rising prices, usually from increased raw material or labor costs that push up the costs of production. Related: Demand-pull inflation. Cost records The records maintained by an investor of the prices at which securitiestransactions are made, so that capital gains can be computed. Cost Recovery Period The number of years it takes to fully depreciate a capital asset. This time period is based on classification of the depreciable life of an asset. Council of Economic Advisers A group of economists appointed by the President of the United States to provide economic counsel and help prepare the president's budget presentation to Congress. Countercyclical stocks Stocks whose price tends to rise when the economy is in recession or the market is bearish, and vice versa. Counterpart items In the balance of payments, counterpart items are analogous to unrequited transfers in the current account. They arise through the double-entry system in balance of payments accounting and refer to adjustments in reserves owing to monetization or demonetization of gold, allocation or cancellation of SDRs, and revaluation of the various components of total reserves. Counterparties The parties on either side of an interest rate swap or a currency, equity or commodity swap, or to an options or futures position. Counterparty The other participant, including intermediaries, in a swap or contract. Counterparty risk The risk that the other party to an agreement will default. In