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

CAREER PLATEAU

Occurs when an employee has reached the highest position level he or she can possibly obtain within an organisation and has no future prospect of being promoted due to a lack of

CAREER STAGES

Stages in a career which might indicate time for a promotion or change.

CAREER SYSTEMS

Policies or specific practices that a company or organization enforces to all employees.

CARELESSNESS

Negligence: failure to act with the prudence that a reasonable person would exercise under the same circumstances.

CARIBBEAN COMMON MARKET (CARICOM)

An organisation of 15 Caribbean nations and dependencies. CARICOM’s main purposes are to promote economic integration and cooperation among its members, to ensure that the benefits of integration are equitably shared, and

CARING ECONOMY

An economy based on amicable and helpful relationships between businesses and people.

CARLOAD

A truckload of cargo that is full and is usually up to 40,000 pounds in weight.

CARPAL TUNNEL SYNDROME (CTS)

A painful condition of the hand and fingers caused by compression of a major nerve where it passes over the carpal bones through a passage at the front of the wrist, alongside

CARRIAGE COST

A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods

CARRIAGE OF GOODS BY SEA ACT

A United States statute governing the rights and responsibilities between shippers of cargo and ship-owners regarding ocean shipments to and from the United States. It is the U.S.

CARRIAGE PAID TO (CPT)

Incoterms or international commerce terms are a series of international sales terms, published by International Chamber of Commerce (ICC) and widely used in international commercial transactions.

CARRIAGE TRADE

Wealthy or upper-class customers who purchase luxury goods and services. Such customers often receive special treatment from businesses. The term was originally used to describe wealthy individuals who traveled in private carriages.

CARRIED DOWN

Written at the end of an account to show that an amount has to be taken down to the beginning of the next account lower down the same page of the account

CARRIED FORWARD

It means transfer of balance to new page or next day starting point of account or next month’s starting point of account’s balance.

CARRIED INTEREST

in finance, is a share of the profits of a successful partnership that is paid to the manager of the partnership (a private equity fund or hedge fund) as a form of

CARRIER CODE

Code assigned by IATA and commonly used to identify a carrier. As the same code may have been assigned to different carriers over time, the code is not always unique.

CARRIER LIABILITY

A common carrier is liable for all shipment loss, damage, and delay with the exception of that caused by act of God, act of a public enemy, act of a public authority,

CARRIER’S CERTIFICATE

A document issued by the carrier certifying the owner of the goods transported by the carrier, evidencing the owner’s right to make entry.

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