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

Category: C

COMPREHENSIVE INCOME

Income that is adjusted due to fluctuations in the economy. If a firm experiences a forfeiture, their assets are adjusted.

COMPUTED VALUE

The computation by customs of the value of merchandise considering production cost, overhead, and packaging costs.

CONCEPT COMPANY

A firm that gets more business based on what is does not how much it does.

CONCLUSORY

An inference that has no proof but is stated none the less.

CONDITIONS OF CONTRACT

Conditions for the rights or the parties when the contract is signed. There is a general condition as well as special conditions that are more specific.

CONFERENCE CENTER

A hotel that hots conferences and seminars. It has office facilty and leisure activities.

CONNECTING ROOMS

Hotel rooms that have a door between them as well as doors to the hallway.

CONSEQUENTIAL LOSS

A loss that happens and is insured. The loss is not predictable. Additional insurance must be bought. Refer to direct loss and indirect loss.

CONSORTIUM AGREEMENT

An agreement of a group to help eachother if an emergency should occur. It can be sharing a space or helping a member if a disaster occurs.

CONSTITUTION LAW

Law that comes from the constitution. It gives guidelines and rights from a governmental source.

CONSULTANT

A professional that has expertise requested for a fee. They work as an advisor but is not responsible for the outcome. Some changes have been made based on the information presented.

CONTAGIOUS

A disease that is infectious. It can be by indirect or direct contact. Not all are contagious and require a special transmission method.

CONTENT ANALYSIS

1. Seeing how a firm can get more promotion from news or brand name mention. 2. Using the answers to open questions with numbers to see the different possible answers.

CONTINGENT SURPLUS NOTE (CSN)

US insurance for a loss of cash should a sudden event cause a loss of business. A trust is started selling the note. When needed securities are converted into cash. It increases

CONTRA DEAL

When two entities trade merchandise or favors without using any money.

CONTRACT CLOSEOUT COSTS

Site diffusing cost, junk and waste clearing cost, and other costs related to timely closure of a deal.

CONTRACT MARKET

A trade which is recorded with the Commodity Futures Trading Commission or CFTC for trading in particular item or options deals. Check Commodity Futures Exchange; Derivatives.

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