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 ?
Another big reason that Lochmead Dairy decided to phase out the merlon bottles was because they're made of polycarbonate, which contains the hardening agent bisphenol-A (BPA).
The entire project, including the modification of the couraca battlement merlons to a broader "French" type, is well described by Dias and there is no need to dwell on the details.
Merlon currently operates in Egypt's Western Desert, in the Fayoum concession, with a production rate of around 7,900 barrels of oil equivalent per day in 2017 from more than 50 wells.
(3) Merlon Bassett, West Hill Dam project manager, served as master of ceremonies at yesterday's 50th anniversary celebration.
It also produces gas through Merlon on the US which Melrose has acquired.
- Realization of rewetting cells by stripping and constitution of peat merlon.
This comes in addition to signing with Merlon International, LLC.
The contracts were signed between the state-owned Egyptian General Authority for Petroleum (EGPC) and international oil companies Apache Corporation and Merlon International, LLC.
This transaction follows the company's acquisitions of HTR and Merlon in September 2013 and Questek in April 2014 and its licensing agreement with Ireland and US based Lincor Solutions, a leader in patient engagement technology platforms.
El-Tamad - Merlon: Merlon Petroleum of Houston has fast-tracked development of el-Tamad field in the southern part of the onshore el-Mansoura exploration block in the Nile Delta.
Main features: Earthwork, merlon creation, granite riprap market form: ordinary.
Egypt's Minister of Petroleum Tarek El Molla signed three new oil and gas exploration agreements in the Egyptian Western Desert with Egyptian General Petroleum Corporation (EGPC) and American companies Apache and Merlon, with investments worth $79m.