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

CONCOURSE

A terminal area where the plane is connected to the building.

CONCRETE

Material used by Romans to make things. Its made up of coars aggregate, fine aggregate, portland cement, and water. Air is also an element used in mixing the ingredients. Steel can be

CONCURRENT CAUSATION

Loss that occurs when two events or more come together. One event may be covered by insurance while another isn’t.

CONDENSATE

A light hydrocarbon that can be liquid at a normal temperature and pressure. Fuel oil and gas stabilize crude oils.

CONDENSED

A narrow version of a font that lets more letters fit in the space.

CONDITION PRECEDENT

A rule in a contract that parties must do what they agree to or a demand can be placed to perform the action required. Refer to conditions concurrent and condition subsequent.

CONDITION SUBSEQUENT

A rule in a contract that allows interest to be defeated if a specific event occurs or doesn’t occur. Refer to conditions concurrent and condition precedent.

CONDITIONAL BILL OF SALE

The ownership of an asset is given to secure a loan. The mortgagor gets the ownership until the debt is paid. The property can be repossessed by the mortgagor if default occurs.

CONDITIONS CONCURRENT

A dependent condition of a contract that has to be done by all parties. Refer to condition precedent and condition subsequent.

CONDITIONS OF CARRIAGE

Rules that are specified that all shippers and passengers must pay. The rights cover space, damage, loss, injury, and death. It is governed by Hague rules. AKA terms and conditions of carriage.

CONDITIONS OF CONTRACT

Conditions for the rights or the parties when the contract is signed. There is a general condition as well as special conditions that are more specific.

CONDITIONS TO AVOID

The material safety data sheet that lists things to stay away from because they will harm the employee.

CONDO HOTEL

A hotel thats a highrise with condo units in it. They are sold to parties for personal use as rental. It is a vacation hotel when its not occupied.

CONDOMINIUM

A single owned home in a building with many units. It has title to the condo unit but shares land with other owners. They also share upkeep expenses. Taxes are paid based

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