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

Category: Finance Dictionary

COMPOSITE COST OF CAPITAL

The difference between the returned earned on an investment and the one that wasn’t chosen. AKA data compression.

COMPOUNDING

Estimatig future value by adding compoud interest rates.

COMPRESSION

1. forces that cursh a material squeezing it. 2. combining two or more departments in one. 3. AKA data compression.

CONDENSED

A narrow version of a font that lets more letters fit in the space.

CONDOMINIUM DECLARATION

The document filed in a state or country the condo is in. It establishes the project and airspace by ownership.

CONFIRMING HOUSE

A firm that acts as an agent in the exporter’s country for an importer. It pays the invoice eliminating credit risk.

CONGLOMERATE MERGER

A MERGER between companies from unrelated sectors. Conglomerate mergers, which were popular during the 1960s and 1970s, have been relatively rare since many unsuccessful deals were dismantled in the 1980s. Academic and

CONSTANT PAYMENT LOAN

A loan that while it is paid off a large amount comes off the balance. Much of many payments go towards interest alone.

CONSUMER

1. the buyer of a good or service. 2. a user that is not using the product but reselling it. Refer to customer.

CONTINUITIES

Elements that do not change over time from one period to the next.

CONTRACT ADDENDUM

A detailed description of all changes made to a contract that have been decided upon by both parties.

CONTRACT FOR SERVICE

Deal for a work taken upon by anyone who is self employed. He or she is free to employ others to complete the job, he or she will be the only one

CONTRACT OF EMPLOYMENT

Verbal or scripted, implied or expressed, contract detailing terms or conditions based on which a worker agrees to perform specific duties as guided and commanded by the employer, for an accorded salary

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