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

CARRIER’S LIEN

The right to retain possession of goods pending payment of overdue freight charges.

CARROT EQUITY

In the United Kingdom, a COMMON STOCK issue with a KICKER, or extra incentive, which allows investors to buy more stock if certain performance goals are met.

CARRY FORWARD

When an exporting country uses part of the following year’s quota during the current year.

CARRY HOME EXPOSURE

The chances that a harmful substance that has entered the home through whatever means will actually do harm.

CARRY ON BAGGAGE

Baggage that is carried aboard an airplane by the passenger, as opposed to being checked and carried in the hold.

CARRYBACK

A carryback loan, also known as a seller carryback or seller’s second, is a loan which is financed by the seller of a property. Normally this aids in the completion of the

CARRYBACK LOAN

A loan in which a seller agrees to finance a buyer in order to complete a property sale.

CARRYING COST

In marketing, carrying cost refers to the total cost of holding inventory. This includes warehousing costs such as rent, utilities and salaries, financial costs such as opportunity cost, and inventory costs related

CARRYOVER EFFECTS

In within-subject designs, the undesirable effect that testing participants in one condition has on their later behavior in another condition. Carryover effects are a primary reason that researchers use counterbalancing. See also

CARTAGE

The work of taking something away in a cart or truck and disposing of it.

CARTOGRAM

A map in which some thematic mapping variable

CARTON

A light box or container, typically one made of waxed cardboard or plastic in which drinks or foodstuffs are packaged.

CARTONBOARD

Paperboard is a thick paper based material. While there is no rigid differentiation between paper and paperboard, paperboard is generally thicker (usually over or 10 points) than paper.

CARVE-OUT

A CORPORATE FINANCE transaction where a company segregates a portion of its business, places it in a separate corporate entity, and sells it to a third party or floats it through an

CASE BASED REASONING

Broadly construed, is the process of solving new problems based on the solutions of similar past problems. An auto mechanic who fixes an engine by recalling another car that exhibited similar symptoms

CASE IN CHIEF

The portion of a trial whereby the party with the BURDEN OF PROOF in the case presents its evidence. The term differs from a rebuttal, whereby a party seeks to contradict the

CASEBOOK

A book containing a selection of source materials on a particular subject, esp. one used as a reference work or in teaching.

CASH ACCOUNT

It’s a ledger that shows just how much the company has in cash holds.

CASH ACCUMULATION METHOD

mathematical method of comparing the costs of different cash value life insurance policies. The cash accumulation method assumes that the death benefits for the policies are equal and unchanging. The aggregate total

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