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Consumer Advisory Council (CAC) |
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Consumer Advisory Council (CAC)A statutory body established by Congress in 1976. The Council, with 30 members who represent a broad range of consumer and creditor interests, advises the Federal Reserve Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice.Consumer Advisory Council (CAC) Similar MatchesConsumer price indexConsumer price indexA price index for the goods purchased by consumers in an economy, usually based on only a small sample of what they consume. Commonly used to measure inflation. Contrasts with the implicit price deflator. Consumer debentureConsumer debentureAn investment note issued directly to the public by a financial institution. Consumer Credit Protection Act of 1968Consumer Credit Protection Act of 1968Federal legislation establishing rules for the disclosure of the terms of a loan to protect borrowers. See: Truth in lending. Consumer creditConsumer creditCredit a firm grants to consumers for the purchase of goods or services. Also called retail credit. Consumer finance companyConsumer finance companySee: Finance company Further Suggestionsconsumer price indexConsumer surplus National Foundation for Consumer Credit Consumer support estimate Consumer Price Index Consumer durables Change in consumer surplus Consumer interest Consumer movement consumer durables Consumer goods |
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