Glossary

Climate change risk is the risk facing business and governmental entities resulting from climate change and affecting natural and human systems.

Clinical patterns are standardized medical procedures or routines for treating specific medical conditions.

Closed-loop recycling involves reclaiming or reusing wastewater for nonpotable purposes in an enclosed process.

Cloud computing is a method of delivering information technology services (i.e., hardware and software) in which resources are hosted and retrieved from the Internet through Web-based tools and applications, rather than a direct connection to a local server.

Co-surety describes the situation where multiple sureties combine to provide a bond that the individual sureties are capable of, or interested in, writing alone.

Coded excess is a form of excess of loss reinsurance under which different premium rates are applied to successive bands of primary coverage limits.

A codefendant is when there is more than one defendant being sued in the same litigation or more than one person charged in the same complaint. A codefendant is a one of multiple defendants named in the lawsuit.

Coding is the process of translating alphabetic and numeric information into a concise numeric form for statistical or internal recording.

Coemployer refers to either the employee leasing company or the client company in an employee leasing arrangement.

Coemployment is a term used in employee leasing arrangements to describe the relationship between the employee leasing company, the client company, and the leased employees.