The Law Dictionary

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

Category: C

CONTINGENT LIABILITY

A liability that depends on an event to happen to be come a liablity. Each is different amd funds set aside funds to handle the loss.

CONTINUOUS ADVERTISING

Marketing services and goods by reminding the customers they need it. It is done when sales are low or nonexistent.

CONTRACT CATEGORIES

Two elementary kinds (families) of deals are 1) price reimbursement deal and 2) fixed cost deal.

CONTRACT LAW

Group of laws that control oral or scripted agreements related to trade of commodities and services, properties and money. It also contains topics related to qualities of contractual duties, restriction of activities,

CONTRACT UNIT

The amount of the fundamental asset presented through a derivatives deal. For example, the unit of a fold contract signifies 100 ounces of gold. Also known as Trading Unit.

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

CONTROL RIGHT

The legal entitlements granted to an investor holding a share of COMMON STOCK, including the right to transfer shares, receive regular and accurate financial disclosure, vote on specific issues at the company

COOLING OFF PERIOD

In the US markets, the period between the filing of a final PROSPECTUS and the offering of a NEW ISSUE of securities to public investors. The cooling off period is typically 20

CO-SIGNER

Person who co-signs a document with other persons, sharing in the liability.

COVERED INTEREST ARBITRAGE

An ARBITRAGE transaction that takes advantage of any instance when the FORWARD PREMIUM or FORWARD DISCOUNT between two currencies does not equal the INTEREST RATE DIFFERENTIAL. When this occurs, ARBITRAGEURS can use

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

CUSTOMS INVOICE

An invoice for commercial export that customs needs. It has the description, quantity, selling price, freight, insurance, and packing cost. The delivery terms and payment are also listed. It is how customs

CYBERCASH

The trademark for CyberCash Corp. It keeps credit information safe over internet transactions. Payments can be made without fear of fraud over the internet. Refer to digital cash.

CYCLICAL

An event that happens on a regular basis.

CABLEGRAM

Telegraphy is the long-distance transmission of written messages without physical transport of letters. It is a compound term formed from the Greek words far and write. Radiotelegraphy or wireless telegraphy transmits messages

CALENDAR YEAR DEDUCTIBLE

The amount that you pay to providers before insurance starts to pay, each calendar year (January 1 to December 31).

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