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

Category: Finance Dictionary

CONCENTRATED MARKETING

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

CONDOMINIUM FEE

A fee charged monthly by the owners association for condos. The maintenance and security is in this fee. The amount is set by the association and the expenses.

CONFLICT

Friction that happens when incompatible parties or differences.

CONGRESSIONAL BUDGET OFFICE

An agency that reports data about the federal budget for congress members. It gives an accuarate set of information to make good decisions about money and tax policy. Its a nonpartisan entity

CONSIGNEE MARK

Symbols on packages that help them be easily identified and categorized.

CONSTANT RETURNS TO SCALE

A process that doesn’t change the scale. The increase and decrease occur at the same rate. It is a show off efficiency. Refer to declining returns to scale and economies of scale.

CONSTRUCTION INSPECTOR

A professional that makes sure any changes or construction is done to the state and federal code.

CONSUMER BUYING BEHAVIOR

How a party searches for and uses a good or service. It is done to fulfill a need. Refer to consumer decision making.

CONTINGENCY INSURANCE

1. insurance taken out to cover expenses not covered by a primary plan. 2. insurance for remote risks that the primary policy is slow to cover.

CONTINUITY PROGRAM

A strategy that lets the seller uses a promotion to get customers they don’t have and keep the ones they do have.

CONTRACT AUTHORITY

Administrative budge agency that empowers a government bureau to receive duty before the related annexation has been cleared or to go pass an already approved annexation.

CONTRACT HIRE

Kind of vehicle renting in which the renting company undertakes sustenance and restoration of the automobile and provides other related services (like offering a substitute vehicle), when a fixed fee is payed.

CONTRACT OF INDEMNITY

Kind of insurance policy (like insurance of property but not accident or personal insurance) which only gets back the insured persons to their actual financial standing. They cannot benefit from it.

CONTRACT UNDER-RUN

Surplus of the actual deal price over the concluding price of a deal (includes remedial work and allowed changes).

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

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.