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

Category: C

CLOSED-END TRANSACTION

A transaction with extended credit for a specific amount over a specific period available only once . The money credited must be fully repaid within that period. An example is a car

COACHING

Extending traditional training methods to direct the focus on (1). an individual’s needs and accomplishments, (2). Using close observation, and (3). Improving performance by impartial and nonjudgmental feedback.

CODEX ALIMENTARIUS COMMISSION

United Nations commission responsible for the drafts of food and hygiene standards. These are non-binding, voluntary standards that become enforceable only through acceptance as national standards by the member countries. The Food

COGNIZABLE

Capable of being seen as a member of a unique group by the common characteristics shared with other members.

COLD SITE

This is having an empty building equipped with electric power, air conditioning, telephone connections, and water, but having no computers, office equipment, and furniture. An action in business continuity planning. A cold

COLLATERALIZED BOND OBLIGATION (CBO)

Mechanism for converting junk grade bonds into an investment grade asset based securities (ABS). Debt financing. In this process a bank’s portfolio of low-rated bonds, as the underlying collateral for an issue

COLOR BALANCE

Relative density or luminance of all colors involved in a multicolored image is about the same with no one color dominating. Characteristic of a multicolor image.

COMMON CODE

A code with 9 digits the the CEDEL and the Euroclear.

COMMON RESOURCE

A resource that creates benefits. Overuse of these resources is bad.

COMPANION FARE

An airfare for a second ticket that is discounted. AKA comp fare.

COMPARABILITY ANALYSIS

Taking two or more products and placing them side by side. If they are common enough they will be considered comparable.

COMPENSATING BALANCES PLAN

A plan that pays premiums to the insurance company. It is deposited into an account with the insured persons name. It can be withdrawn.

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.

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