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

Category: C

CHARACTERIZATION

the term that determines the nature of matters brought before courts that will decide which jurisdiction should consider the issue.

CUNNILINGUS

This term applies to the oral-genital contact between the mouth and the genitals of a woman.

CHANCERY PRACTICE

equity practice that deals with the fairness and rights of the law rather than the written statutes of the law.

CHARITABLE ORGANIZATION

an organisation that does not issue stock and there is nothing in its charter that provides for profits or dividends.

CHARGE OF INDICTMENT

the part of the accusation that sets out the facts that make up the offense the defendant is being tried for.

CORPORATE FUNDS

These are the funds that belong to the corporation and are distinct from the funds of a person or persons.

GOING CONCERN

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

CALAMITY CALL

A provision in a COLLATERALIZED MORTGAGE OBLIGATION requiring a portion of the issue to be retired if PREPAYMENTS rise to a level where insufficient CASH FLOW exists to meet scheduled payments of

CALL FORWARDING

A telephone feature that allows calls made to one number to be forwarded to another specified number.

CALL PRIVILEGE

When dealing with securities trading, an issuer of a bond indenture gives the issuer the right to revoke or redeem outstanding bonds with a certain price on a specific call date.

CAMELS RATING

The CAMELS ratings or Camels rating is a US supervisory rating of the bank’s overall condition used to classify the nation

CANCELLED CHECK

When a check with money on it is currently canceled making it an invalid check.

CAPACITOR

A capacitor (formerly known as condenser) is a passive electronic component consisting of a pair of conductors separated by a dielectric (insulator).

CAPITALIZATION OF EARNINGS

A method of determining the value of an organization by calculating the net present value (NPV) of expected future profits or cash flows. The capitalization of earnings estimate is done by taking

CAPTIVE

A vehicle established as an authorized INSURER or REINSURER that is used to facilitate a company

CARBON DIOXIDE EQUIVALENT

The universal unit of measurement used to indicate the global warming potential (GWP) of each of the 6 greenhouse gases. It is used to evaluate the impacts of releasing (or avoiding the

CARDIO-PULMONARY RESUSCITATION (CPR)

An emergency procedure for people in cardiac arrest or, in some circumstances, respiratory arrest. CPR is performed both in hospitals and in pre-hospital settings.

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