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

Category: C

CLUSTER ANALYSIS

Statistical classification technique in which cases, data, or objects, such as events, people, and things, are subdivided into groups or clusters. It is a discovery tool used to help reveal associations, patterns,

CO-CREATION

A business strategy inviting customer interactive experience and developing interactive relationships. Co-creation allows and encourages a more active involvement from the customer to develop a long-term, worthwhile, use- rich experience.

COEMPTION

Purchasing the entire available stock of a commodity or material.

COLD BLOOD

Term for a criminal’s state of mind characterized by pre-meditated intent to commit a murder. Refer also to cool blood.

COLLAPSE

A sudden, dramatic slowdown, or stoppage, in economic production that leads to a steep decrease in prices that in turn leads to a subsequent connected fall in the level of employment.

COLLECTION PERIOD

Time a firm takes to collect its accounts receivables. Stated as an average number of days. It is the period between delivering an invoice and receiving the payment.

COMBINED BOARD

A variety of board types, such as a combination of corrugated with solid fiberboard, go into making this final type of board.

COMMODITY TRADING ADVISOR

A party that is registered with the CFTC that helps manage, buys, and gives advise futures trading for another person.

COMMUTER CARRIER

An airline that links to larger ones in bigger cities. It is an affiliate and shares codes with the large chain airline.

COMPANY PROFILE

A description of the firms history, resources, structure, performance, and reputation.

COMPARISON SHOPPER

A shopper that visits stores to evaluate them. They are working for a marketing firm.

COMPETITIVE BIDDING

When contractors bid on jobs. The two ways of bidding systems are open to everyone and closed to only specific groups. Refer to competitive negotiation.

COMPLETE LIQUIDATION

Transferring all assets of a company to shareholders assuming responsiblity for them. It helps pay off matters and debts.

COMPLEX OPTION

A conventional OPTION that is modified with respect to time, price, and/or payoff to produce unique RISK MANAGEMENT, investment, or speculative results. Certain complex options have risky payout profiles/LIABILITIES and demand considerable

COMPOSITE CAN

A container that is made for paper, metal, and plastic. AKA combi container.

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