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

CHIEF TECHNOLOGY OFFICER (CTO)

Accountable to a CxO execution for research and development (R&D) as well as managing and addressing technical issues that a company faces. Also known as the Chief Technical Officer. This is usually

CHILD SUPPORT

A method of compensating a parent needing monies for raising and sheltering a child by another who has the means to manage the expenses associated with child support. A court of law

CHILLING

Method to preserve raw or processed food by cooling to a temperature between zero degree and five degree Celsius. Slowing the growth of microbes that are typically present in all food during

CHILLING EFFECT

Cooling the earth’s surface temperature by unclouded sky at night or increased number of particles in the upper atmosphere that block sunlight. Contrasts versus greenhouse effect.

CHINESE WALL

A process/structure within a BANK, INVESTMENT BANK, or SECURITIES FIRM that separates groups that call on clients and arrange deals (i.e., bankers) from those that are privy to nonpublic information related to

CHIP AND PIN

UK-sponsored program for a new debt card system to authorize transactions using chip-implanted card and pin number. The card reader will access the stored information on the chip when the debit card

CHIPBOARD

Low-density paperboard with 0.15 millimeter thickness (0.006 inch) or more. Commonly used for making partitions for boxes and one or more central plies of a fiberboard. Typically made from recycled paper stock

CHIPSET

Chips grouped for working together as a single functional integrated circuit block in controlling a motherboard or computer by one or more specialized functions.

CHLORINATED ORGANIC COMPOUNDS

Synthetic substances, composed of carbon, hydrogen, and chlorine atoms. Some examples are chlorinated fluorocarbons (CFSs), chlorinated hydrocarbons (CHCs), and carbon tetrachloride. The chlorine in these compounds makes them resistant to degradation by

CHLORINATION

Chlorine added to water. Oxidizes organic contaminants. Kills many microorganisms. Refer also to disinfection.

CHOICE NO-FAULT PLAN

Under a no-fault plan provided by the state, it is the choice of coverage by a vehicle owner.

CHOICE OF LAW CLAUSE

Contract provision specifying the governing jurisdiction over disputes arising from or relating to this contract.

CHOOSER OPTION

An OVERTHECOUNTER COMPLEX OPTION that permits the buyer to choose between an underlying CALL OPTION and PUT OPTION with identical STRIKE PRICES and maturities from trade date until a defined

CHROMATE WASTE

Chromium plating, leather tanning, wood treatment waste stream. Though water soluble, chromates are extremely irritant, and highly toxic, causing liver and kidney damage, and possibly cancer from prolonged exposure.

CHROMIUM

Element essential to the manufacture of stainless steel in alloying. It increases the corrosion resistance and hardenability of steel. When added as 12 to 20 percent by weight, together with carbon, it

CHRONIC EFFECT

Negative effects characterized by slowly developing symptoms on animal or human body. This is typically due to long, continuous exposure to low concentrations of a hazardous substance. The stopping of exposure does

CHRONIC EXPOSURE

Exposure to a hazardous substance, continuously over an extended period of 7 to 70 years. Contrast to acute exposure.

CHRONIC FAILURE

Failure occurring rather often in a system that takes just a little time to correct. Chronic failures are typically low-impact and seemingly low-cost events. However, over the life of the system, these

CHRONIC HAZARD

Substance or event, dangerous and damaging to health over a long period due to continuous or repeated exposures.

CHRONIC TOXICITY

Small. repeated doses of a substance causing long-term poisoning (toxicity). Contrast to acute toxicity.

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