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

Category: C

COST OF RISK

The implicit or explicit price a company must pay to manage its RISK exposures; it is typically comprised of the expected costs and direct and indirect losses arising from RISK RETENTION, LOSS

CROSS COLLATERAL AGREEMENT

A single COLLATERAL agreement that covers multiple LOANS or credit facilities. Also known as DRAGNET CLAUSE. See also POOLED PORTFOLIO COLLATERAL, TRANSACTIONSPECIFIC COLLATERAL.

CURVE RISK

The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it

CYCLE TIME

The time needed to do one cycle or complete a function from start to finish. It is used to compare total run time to total time of a process.

CAPITALE

A thing which Is stolen, or the value of it. Blount.

CAPITATIM

Lat. By the head; by the poll; severally to each individual.

CAPTATOR

A person who obtains a gift or legacy through artifice.

CAPUT AGIUM

In old English law. Head or poll money, or the payment of it Cowell; Blount.

CARGA

In Spanish law. An incumbrance; a charge. White, New Recop. b. 2, tit. 13, c. 2,

CARRIAGE

A vehicle used for the transportation of persons either for pleasure or business, and drawn by horses or other draught animals over the ordinary streets and highways of the country; not including

CARTEL

An agreement between two hostile powers for the delivery of prisoners or deserters. Also a written challenge to fight a duel.

CASE RESERVED

A statement in writing of the facts proved on the trial of a cause, drawn up and settled by the attorneys and counsel for the respective parties under the supervision of the

CASTRUM

Lat In Roman law. A camp. In old English law. A castle. Bract, fol. 696. A castle, including a manor. 4 Coke, 88.

CATALLIS CAPTIS NOMINE DIS- TRICTIONIS

An obsolete writ that lay where a house was within a borough, for rent issuing out of the same, and which warranted the taking of doors, windows, etc., by way of distress

CATTLE

A term which includes the domestic animals generally; all the animals used by man for labor or food. Animals of the bovine genus. In a wider sense, all domestic animals used by

CAUSA PATET

The reason is open, obvious. plain, clear, or manifest. A common expression in old writers. Perk. c. 1,

CAYAGIUM

In old English law. Cay- age or kayage; a toll or duty anciently paid for landing goods at a quay or wharf. Cowell.

CENNINGA

A notice given by a buyer to a seller that the things which had been sold were claimed by another, in order that he might appear and justify the sale. Blount; Whishaw.

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