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

Category: C

CONFIDENCE GAME

This term applies to a swindle where the swindler gains the confidence of the person he is trying to swindle.

CLOSED

This term refers to real estate transactions and the deal is closed when the final agreement has been reached and the deed changes hands.

CLEAR VALUE

the net value that is left after all payments of debts and obligations are satisfied.

COURT RECORD

the official written documentation of what happened during a trial or a hearing.

GOING CONCERN

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

CASH EARNINGS

A firm’s cash revenues less cash expenses, which excludes the costs of depreciation.

CASH INFLOW

Organizational monetary income, from activities such as operations, investments, and financials.

CASH REGISTER

A financial transaction calculator, typically electronic. Consists of an entry keyboard, possibly a scanner, a drawer design to hold varying denominations of paper and coin cash, and a printer to provide both

CASH-OUT REFINANCE

Refinancing for more money that the mortgaged amount. Done to get money out for other purposes. Based on many points: home value, mortgage value, income of the mortgagee, credit rating of the

CATEGORY MANAGEMENT

Marketing strategy for managing a full line of products instead of the individual products or brands. Managing occurs as a strategic business unit (SBU). The concept’s basis is that the entire product

CENTRAL PROCESSING UNIT (CPU)

The main processor semiconductor chip in a desktop computer. It performs most of the calculation and control functions. It consists of a circuit board in a minicomputer. In a mainframe, it is

CERTIFICATE FOR PAYMENT

Document as a statement of evidence that the noted work has been completed, was verified by an architect, engineer, or owner of a construction project, and is approved for payment by the

CHANGE IN ACCOUNTING PERIOD

Change to a longer or shorter financial reporting period or a change to a different date for closing of accounts. It generally requires prior approval of taxation authorities.

CHARITABLE FOUNDATION

Public or private trust that manages a charity, but is itself not a charitable organization. No trustee, trustor, or member can take monies as pay from the income generated by a charitable

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