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

Category: C

CONNEXITY

The relationship between individuals, machines, and global networks.

CONSTRUCTED KNOWLEDGE

Information found when researching and questioning what is available. The knowledge is created through investigation.

CONSULTING

Providing expert knowledge to another party for a fee.This is done when a company needs another opinion on an issue.

CONTESTABLE PERIOD

The time when a contact is valid to be challenged. For insurance its two years.

CONTINUING EDUCATION PROGRAM

Any lecture, course, seminar, webinar or program that is made to educate a party. It is meant to give skills or information needed in their work. New advances and expertise is learned.

CONTRACT FINANCING PAYMENTS

Money given to a contractee from a contractor for the purpose of making payments like advance, interim, performance payments, advancement payments, or/and other similar payments

CONTRACT OF CARRIAGE

Binding contract (usually demonstrated by any airway bill, lading bill, or ticket of a passenger) which includes terms of transportation that state the duties and privileges of a transporter and a passenger/shipper.

CONTRACTUAL INTERMEDIARY

Any entity, like financial institutions which enables a financial agreement between parties. For example, a bank providing mortgage, enabling buying and selling of properties between individuals. The privileges, responsibilities, and remuneration of

CONVERTIBLE PREFERRED STOCK

A class of PREFERRED STOCK that allows the investor to convert it into a specified number of shares of COMMON STOCK once a conversion price is reached. Convertible preferreds pay DIVIDENDS rather

CORRELATION RISK

The RISK of loss arising from a change in the historical relationships, or CORRELATIONS, between ASSETS. Correlation risk can be found in certain COMPLEX OPTIONS and COMPLEX SWAPS and may also impact

CRACK SPREAD

A SPREAD in the energy market reflecting the price differential between crude oil and a refined product, generally gasoline or heating oil; the spread can be traded through a single FUTURE or

C-SHARE

An Investment Trust being a corporate legal entity, may issue C shares (or

CUTTING THE MELON

Slang term used when a company issues more dividends payment with a previous payment.

CYPHERTEXT

Text or a message that is encrypted into a coded human unreadable form. The input must be decrypted to be read once recieved. It is also written as ciphertext.

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