The Law Dictionary

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

CASH AND CARRY

A system of wholesale trading whereby goods are paid for in full at the time of purchase and taken away by the purchaser.

CASH ALLOWANCE

An allowance that is paid out in cash, instead of being reimbursed at a later date. Employers usually give cash allowances to employees in order to cover the costs of, for example,

CASH AGAINST DOCUMENTS (CAD)

A standard, commercial letter of credit (LC ) is a document issued mostly by a financial institution, used primarily in trade finance, which usually provides an irrevocable payment undertaking.

CASH ACKNOWLEDGMENT

Notice sent to a cash buyer acknowledging receipt of the order. The acknowledgment may include an offer inviting the buyer to increase the purchase order. Cash acknowledgments are frequently used if delivery

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

CASH ACCOUNT

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

CASE-SENSITIVE

Text sometimes exhibits case sensitivity; that is, words can differ in meaning based on differing use of uppercase and lowercase letters. Words with capital letters do not always have the same meaning

CASEBOOK

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

CASE STUDY

A process or record of research in which detailed consideration is given to the development of a particular person, group, or situation over a period of time.

CASE OF NEED

A mystery novel written by Michael Crichton under the pseudonym Jeffery Hudson. It was first published in 1968 by The World Publishing Company (New York) and won an Edgar Award in 1969.

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

CASE BINDING

The most common type of binding for hardcover books. Printed sheets in the form of signatures are fastened together, and a hard front and back cover and spine are attached.

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

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

CARVEOUT

An attempt, usually unsuccessful under the Federal Service Labor-Management Relations Statute because it fosters unit fragmentation, to carve out (or sever)–usually along occupational lines (firefighters, nurses)–a subgroup of employees in an existing

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.

CARTON

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

CARTOGRAM

A map in which some thematic mapping variable

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.