COP

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COP

The ISO 4217 currency code for Colombian Peso.

COP

1. ISO 4217 code for the Colombian peso. Instituted in 1837, it was pegged to the U.S. dollar for a time. Since 1955, however, the peso has floated. It has gradually deteriorated in value since.

2. Certificate of Participation. An investment in which the investor purchases the right to a share of a municipality's or government entity's lease revenues instead of a bond secured by those revenues. Government entities issue COPs to avoid limitations on debt legally placed upon them. This is roughly a government entity's equivalent to accounts receivable financing. In the United States, the organizations issuing or guaranteeing COPs are Ginnie Mae, Fannie Mae, Freddie Mac, and Sallie Mae. They are also called participation certificates or PCs. See also: Lease revenue bond.

COP

References in periodicals archive ?
I love the idea of going to a club and not copping off with the barmaid but going home with the bouncer.
The episode ended with Tanya copping off with the dim bloke, Conrad Gates - you know, the England captain, don't you people read The SP sports pages?
And I'm relieved to report with some certainty that patisserie porn star Paul Hollywood won't be copping off with Mary Berry any time soon.
The real drama centres around Lilly copping off with Charlotte's boyfriend and Jack and Charlotte's parents getting divorced.
Meanwhile, ITV offers us Love Island, featuring Paul Gascoigne's adopted daughter copping off with the less famous one out of The Streets.
The stories here are quite strong enough without the distraction of having the coppers copping off.