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

CEASE AND DESIST

1. In law it is an order to prohibit starting or continuing a specific action stated in the order. Used against a person or an enterprise; usually issued by a court or

CEDING COMPANY

The insurance company that transfers to another insurance company the insurance it has written.

CEILING EFFECT

The factors or constraints triggered as higher levels, values, or scores occur. It is often due to the lessening levels of difficulty to highest scoring individuals. It lessen the possibility of measuring

CENSUS BUREAU

The government department that conducts a regional or national census. This bureau also researches the census results to provide accurate information regarding the country’s people and economy, based on the census data

CENTERLINE

Statistically, it is a horizontal line generated to represent the estimated long-term mean of a process in a control chart.

CENTRAL BANK

Empowered by the national government to manage and execute key monetary functions: (1) issue, manage, and preserve the value of the country’s currency; (2) regulate the money supply; (3) supervise and provide

CENTRAL BUYING

The centralizing of the purchasing function into a central authority by a large, multisite organization for the purpose of increasing efficiency, inventory control, and purchasing power.

CENTRAL LIMIT THEOREM

Theory of statistical regularity that a normal distribution occurs over time as the average of data observed tends to be distributed evenly under general conditions. Its hypothesis is that no matter how

CENTRAL PROCESSING UNIT (CPU)

The main processor semiconductor chip in a desktop computer. It performs most of the calculation and control functions. It consists of a circuit board in a minicomputer. In a mainframe, it is

CENTRAL PROCUREMENT

The centralization of the power to purchase any and all the needs of an enterprise or agency into one office.

CENTRAL REGISTRATION DEPOSITORY (CRD)

A database of the Securities & Exchange Commission (SEC) housing the licensing and complaint information of all brokers and some investment advisors and their representatives.

CENTRAL TENDENCY ERROR

Commonly known as the tendency of managers and interviewers to rate all or most of the employees or interviewees as average. A term in performance appraisals or recruitment interviewing process.

CENTRAL TRAITS

Characteristics that are the focus of particular interest of an individual to an examiner, interviewer, trainer, or perceiver.

CENTRALIZED CASH FLOW MANAGEMENT

The accumulation by a central authority of the power to make cash flow decisions for all levels of a multifaceted company or conglomerate. The intent is to achieve greater control of intracompany

CENTRALIZED MANAGEMENT

Management practice of accumulating all or most decision makers into one central office. These are the people who have the authority, control, and responsibility for the entire organization and are located at

CENTRALIZED PURCHASING

One common purchasing organization manages one purchasing system for all purchase needs of all of the departments of a company in a wide geographical distribution. Centralized purchasing helps negotiating the best deals

CENTRE FOR EUROPEAN ECONOMIC RESEARCH

A nonprofit, limited liability company (llc) research institution in Germany. It is involved with the gathering of research data that organizes information on economic issues and policies. The institution provides advice to

CENTREX

CENTRal EXchange. Telephone company service that renders obsolete the need of buying, maintaining, and upgrading a private branch exchange (PBX). Essentially, Centrex service consists of ordinary trunk lines with several features added

CENTRONICS INTERFACE

Standard 36pin parallel port connection interface for a computer and printer. Developed by the Centronics printer company, which is now defunct, it is now governed by IEEE 1284B protocol, and slowly being

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.