The Law Dictionary

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

Category: C

COLLATERAL ESTOPPEL

an estoppel by judgement where an issue that has been decided cannot be taken to another court by the same litigants and in the same manner.

CUSTOMARY PRACTICE

A term that is used in medical jurisprudence where the usual method of treatment in a given community and as practiced by the ethical and well trained physicians of that community.

CUSTOMS EXEMPTIONS

the term that applies to money or property that is exempt from duties, and customs taxes.

CAPITAL GAINS

These gains are made from the profits from sales of capital assets that is in excess of costs and values.

CRIMINOLOGY

the name given to the branch of science that is devoted to studying crime and criminals.

COMMON PLEAS

the name given to the court that hears civil cases and is also the term for a civil suit.

CHILD CUSTODY

The term applied to the support and control of a child that is determined by the court when the parents of the child are divorced or separated. See also, Common Reasons Grandparents

CRIME HIGH

an unlawful act that is nearly the same as a felony but doesn’t fall into any felony category.

COMMUNICATIONS

1. means of transport that people use to interact or trade. 2. symbolic or verbal means to send a message. Refer to communication.

COMMUTER TAX

A tax that targets people who must travel to get to their jobs. It is attached to wages to help pay for the resources they use in their commute.

COMPANY ORIENTATION

The employees first experience in the new job. They are taught history, values, and goals for their new place of employment. They are also educated about the market and products offered. Rules

COMPARISON PRICING

The way a selling price is decided. The other brands are compared to make this figure.

COMPETITIVE QUOTATIONS

Buying using quotes from suppliers in whice the best one is chosen based on price and product. AKA competitive proposals.

COMPLEMENTARY GOOD

An asset that is bought in amounts of more than one. An example of this is a tire. AKA complementary product.

COMPLETION UNDERTAKING

When two companies agree to help each other finish a project and absorb the risk of loss that will occur. They make sure it’s done and that profit is made.

COMPLIANCE TEST

A test done to show a firm follows the rules of practice. Refer to substantice test.

COMPOUND

1.to compute a charge on an amount that is already added. 2. a sustance with two or more elements in it held together by a covalent bond. 3. settling a matter in

COMPREHENSIVE GENERAL LIABILITY

ACOMMERCIAL LINE of INSURANCE providing the INSURED with protection against all exposures except those specifically excluded, generally those arising from products, premises, and actions of independent contractors.

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