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

Category: C

COMPLETION BOND

A fund set up for companies with schedules to finish but don’t have the funds to finish. Both building and entertainment industries are on these types of bonds.

COMPLIANCE

A confirmation that a manufacturere can do what they say they can according to the rules and standards required by a contract. Refer to conformance.

CONCENTRATOR

A computer network with many ports that can bridge and route services on many networks.

CONCESSIONALITY

The difference in return for a lender between a below market rate loan – or soft loan – and a full market rate loan.

CONDITIONS CONCURRENT

A dependent condition of a contract that has to be done by all parties. Refer to condition precedent and condition subsequent.

CONFERENCE BOARD

A business that doesn’t profit but only researches Australia, France, Germany, Japan, Korea, Mexico, Spain, and the US. The data is used by all countries and remains neutral.

CONFORMIT

A mark that shows conformity with directives of the EU. It started in 1993. It is a mark showing it can do industrial work.

CONJUNCTIVITIS

When the conjunctiva swells and becomes red. Discharge leaks out. This is caused by chemical exposure.

CONSENSUS-BASED FORECAST

A forecast that uses previous forecasts. All are given equal weight as are their assumptions. It is a broad estimate. Refer to delphi method.

CONSOLIDATED EXPENDITURE

The total governmental spending for a year. It can include funds transferred other agencies and made by other governments.

CONSULAR DECLARATION

A document that describes the goods being shipped and their value according to the exporting country.

CONSUMERISM

1. efforts of parties to protect the consumer from contracts that would take away their rights in business. 2. the idea that using more goods is a sign of a strong economy.

CONTAMINANT

A substance that can harm living organisms. It is passed through air, water, soil, and food.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.