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

Category: C

COVERED WRITER

The seller of a COVERED OPTION that either owns the UNDERLYING ASSET (deliverable under a CALL OPTION) or has sufficient cash on hand to acquire the asset (under a PUT OPTION) should

CRUSH SPREAD

A SPREAD in the GRAINS market reflecting the price differential between soybeans (as feedstock) and soybean oil or soybean meal (the two main byproducts); the spread can be traded through a single

CUTTHROAT COMPETITION

When competition prices in a predatory manner or promotes heavily to get rid of their rivals.

CYLINDERBOARD

The paperboard thicker than 380 micrometers. It is glossy and printable used for packaging.

CROSS-APPEAL

Where both parties to a judgment appeal therefrom, the appeal of each is called a “cross-appeal” as regards that of the other. 3 Steph. Comm. 5S1.

CABAL

A small association for the purpose of intrigue; an intrigue. This name was given to that ministry in the reign of Charles II. formed by Clifford, Ashley, Buckingham, Arlington, and Lauderdale, who

CSDCA

In the civil and old common law. Kept for cutting; intended or used to be cut. A term applied to wood.

CALL, N

1. In English law. The election of students to the degree of barrister at law, hence the ceremony or epoch of election, and the number of persons elected. 2. In conveyancing. A

CAMBIPARTIA

Champerty; from campus, a field, and partus, divided. Spelman.

CANAL

An artificial ditch or trench in the earth, for confining water to a defined channel, to be used for purposes of transportation. The meaning of this word, when applied to artificial passages

CANONICUS

In old English law. A canon. Fleta, lib. 2, c. 69,

CAPIAS AD SATISFACIENDUM

A writ of execution, (usually termed, for brevity, a “ca. sa.,”) which a party may issue after having recovered judgment against another in certain actions at law. It commands the sheriff to

CAPITALIS JUSTICIARIUS BANCI

Chief justice of the bench. The title of the chief justice of the (now) court of common pleas, first mentioned in the first year of Edward I. 2 Reeve, Eng. Law, 48.

CAPITULA RURALIA

Assemblies or chapters, held by rural deans and parochial clergy, within the precinct of every deanery; which at first were every three weeks, afterwards once a month, and subsequently once a quarter.

CARNAL KNOWLEDGE

The act of a man in having sexual bodily connection with a woman. Carnal knowledge and sexual intercourse held equivalent expressions. Noble v. State, 22 Ohio St. 541. From very early times,

CARRY STOCK

To provide funds or credit for its payment for the period agreed upon from the date of purchase. Saltus v. Genin, 16 N. Y. Super. Ct. 200. And see Pickering v. Demerritt,

CARVAGE

The name as carucage, (q. v.) Cowell.

CASHIER

An officer of a moneyed Institution, or commercial house, or bank, who is intrusted with, and whose duty it is to take care of, the cash or money of such institution or

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