Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: C

CRIME COMMON-LAW

These are crimes that are committed and are punishable under common law and not crimes that have been created by statutes.

CONTRACTUAL OBLIGATION

This term is applied to the binding promise or obligation that comes from an agreement or contract.

CONNALLY ACT

federal law that aids states by limiting the amount of oil that can be produced from certain fields.

COST OF LIVING CLAUSE

a clause that provides for the adjustment of prices for goods and services that according to cost of living changes.

CHARITABLE TRUST

a trust whose assets and income will benefit the general public or a large group of the general public.

COST-PLUS CONTRACT

the agreement that fixes the amount to be paid to a contractor for costs of materials and labour.

CORRUPTING THE MORALS OF A MINOR

the term that is given to the actions of an adult that leads a child to partake in an activity that is immoral or to witness an immoral activity.

GOING CONCERN

A business currently successful with indications in the foreseeable future of continuing to do well.

CALL MONEY

Money lent by a bank or other institution that is repayable on demand.

CALL REPORT

All regulated financial institutions in the United States are required to file periodic financial and other information with their respective regulators and other parties. For banks in the U.S.

CAMPAIGN

A series of military operations intended to achieve a particular objective, confined to a particular area, or involving a specified type of fighting.

CANDLESTICK CHART

A tool used to understand present prices and predicting future price actions. By the understanding of this, the trader knows when best to buy and sell, thereby making more profits in his

CAPITAL

The most important city or town of a country or region, usually its seat of government and administrative center or wealth in the form of money or other assets owned by a

CAPITALIZATION OF PROFITS

Converting a company’s retained earnings, which represent the profits held in the business over time, to capital.

CAPTIVE BANK

An institution intended to provide services to a promoter and his/her associates. Usually, a captive bank is wholly owned subsidiary of a multinational group of companies.

CARBON OFFSET

A reduction in emissions of carbon or greenhouse gases made in in order to compensate for or to offset an emission made elsewhere.

CAREER EXPLORATION

The process of finding a rewarding career path, as well as specific jobs within a particular career path. Think of career exploration and planning as building bridges from your current job/career to

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