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

Category: C

CONSUMER’S RISK

The loss that occurs when a batch is made and is rejected. Reer to producers risk.

CONTAMINATION

A presence of contaminants into food or the environment. Refer to cross contamination.

CONTINGENT EQUITY

A class of EQUITY financing that becomes effective once a defined TRIGGER has been breached; the class includes LOSS EQUITY PUTS and PUT PROTECTED EQUITY. See also CONTINGENT CAPITAL.

CONTINUOUS TONE

When an images colors blend smoothly. The look of distinct areas is gone leaving a merged image. A camera does this but the digital photos do not. AKA contone.

CONTRACT PRICE ANALYSIS

Evaluation of a price offer based on the data provided to support it, and by implementing suitable rates and determinant.

CONTRACTEE

Owner of a project (also known as principal or client) or anyone else who gets into a deal with a builder or merchant and gets particular commodities or/and services as per the

CONTRIBUTORY NEGLIGENCE

Legal rule that an angry or injured complainant might have added to his own injury because of being negligent of known or obvious conditions. Contributory negligence

CORNERING

An attempt to gain sufficient market share in an ASSET or security in order to manipulate the price for gain. Cornering attempts, which are generally illegal, are usually unsuccessful unless the asset

CO-TERMINAL

Airports adjacent to each other, and sharing in setting computing fare or moving freight.

CROSS RATE

A FOREIGN EXCHANGE rate between two currencies that does not involve the US dollar.

CUSTOMER MARGIN

MARGIN posted by a FUTURES COMMISSION MERCHANT or client with a CLEARING MEMBER to cover the requirements of trades that have been executed and temporarily covered by the member

CYCLICAL

An event that happens on a regular basis.

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).

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