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

Category: C

COLD DRAWING

Procedure step in bar, tube, or wire manufacturing where a metal rod is pulled through a die without preheating. Cold drawing alters the mechanical properties of the metal and leaving the final

COLLATERAL ASSIGNMENT

Assigning an asset whose ownership rights are moving only as an additional security for a loan. These rights will revert to the assignor when the loan is repaid. Refer also to assignment

COLLECTIVE RESPONSIBILITY

Every member’s responsibility regardless of an individual member’s involvement in decisions or the member’s position or rank. Refer also to consensus and doctrine of individual responsibility.

COMMERCIAL PAPER FUNDING PROGRAM (CPFP)

Created in October 2008 it creates more liquidity on commercial paper market assets. It funds issuers and is back up via the Special Purpose Vehicle. Its goal is to make funding easier

COMMON ACCIDENT CLAUSE

A rule in insurance where the payable amount is limited to a maximum numbe of people with injuries.

COMMON GOOD

The best interest of a company. The good of the whole company is only as good as it is for the indivual.

COMPACT DISC (CD)

A disc that is recordable on one side. Data is stored on rings that are cut by laser. Up to 700 mb can be stored on it. the Dutch firm Phillips invented

COMPANY SEAL

A stamp or embossed emblem that represents the company and its legal name. It shows authorization and can be made of rubber or metal.

COMPARISON UNIVERSE

A portfolio used to rate the work of a manager to keep the competition up. The effectiveness of this is not confirmed.

COMPETENCE

1. related skills and knowledge a person has to do a job. 2. the person’s ability to understand and react. It is settled by a judge. AKA legal capacity.

COMPETITIVE STRUCTURE

The current state of a product in its market and other information like competitors, strength, demand, supply, and ease of entry in the new market.

COMPLETE TREATMENT

Treating water with chemicals, flash mixing, coagulation flucculation, sedimentation, and filtration. This is done in stages.

COMPLEX SWAP

An OVERTHECOUNTER SWAP that is modified with respect to time, price, NOTIONAL principal, and/or payoff to produce unique RISK MANAGEMENT, investment, or speculative results. Certain complex swaps have risky payout profiles/LIABILITIES and

COMPRESSION STRENGTH

How much stacking fiberboard can take before it breaks. It is printed on the container. AKA compression resistance, compressive strength, or crush resitance.

CONCENTRATED MARKETING

Focusing on the market niche for growth. Refer to differentiated marketing and undifferentiated marketing.

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