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

Category: C

COLLABORATIVE COMMERCE (C-COMMERCE)

Employee collaboration and interactions executed online. Can also occur with business partners, and customers from various firms. The trading community or industry segment is the commonality for the group.

COLLECT CHARGES

Charges for transportation owed by the consignee, be it a shipment or a delivery. Known also as charges collect, charges forward, or freight collect.

CO-MANAGER

Banks subordinate to a lead manager bank as a part of a syndicated, international bond issue or Eurocredit. They assist the lead manager bank with issuing investment instruments and with the pricing.

COMMERCIAL FRUSTRATION

An event that could not be prevented or predicted. A contract allows one party to leave if such an event occurs without penalty.

COMMON DUTY OF CARE

The requirement of the occupier of the property to ensure safety while on the premises. Refer to duty of care.

COMMUNIST

A person who believes in communism. Problems are solved by taking away private ownership and making everything a community good. Well known members of this group are Karl Marx, Vladimir Lenin, and

COMPANY LAW

The law that a company runs itself by. It is the standards and how they reach their goals.

COMPARATIVE FINANCIAL STATEMENT

The formatting for a balance sheet that shows each item for the current and last period. They are dollar amounts or percentages. Refer to common size financial statement.

COMPENSATION PLAN

How the commission is decided by agents based on sales revenues. Refer to compenstation structure.

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.

COMPLEX

1. a group of close buildings or a building. 2. a compound that occurs when nonmetal bond to metals.3. a syndrome or disorder.

COMPLIANT

A party that has done its part of a contract or requirements.

CONCEPT SEARCH

The use of a search engine that follows a certain formula to retrieve resources that are related to a keyword.

CONCORDANCE

The listing of words in a work. The context is used and the meaning as well. AKA concord.

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.