business sectors

charter

First, a charter can be defined broadly as the highest law of an entity. More specifically:

In corporate law, the articles of incorporation. In public law, the instrument by which a municipality is incorporated (e.g., city charter...

CIF

CIF is an abbreviation used for Cost, Insurance and Freight. CIF is an agreement in which the seller's quoted price includes insurance and all other costs up to a designated port of destination. The term is used in the context of maritime...

cigar

For the purposes of taxation and FDA regulation, “cigar” means “any roll of tobacco wrapped in leaf tobacco or in any substance containing tobacco” unless, “because of its appearance, the type of tobacco used in the filler, or its packaging...

civil

In reference to law, “civil” is used primarily as a descriptive term to denote conflicts between private individuals. Where in a civil case two or more individuals or private entities (such as corporations) dispute their rights relative to...

civil case

A civil case is a private, non-criminal lawsuit, usually involving private property rights, including respecting rights stated under the Constitution or under federal or state law. For example, lawsuits involving breach of contract, probate,...

civil code

A civil code is a codification of private law relating to contracts, property, family, and obligations. Commonly, a state that has a civil code generally also has a code of civil procedure. In some states with a civil code, some core fields...

classical theory of insider trading

The classical theory of insider trading is a form of insider trading where a corporate insider—i.e. an employee, director, or officer—commits securities fraud under Rule 10b-5 by trading in securities of their company on the basis of material...

Clayton Antitrust Act

The Clayton Antitrust Act of 1914, codified at 15 U.S.C. 12-27, is one of the primary pieces of antitrust legislation in the United States. This act was designed to bolster the Sherman antitrust Act and outlaws the following conduct:

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close corporation

A close corporation is a corporation which is held by a limited number of shareholders and is not publicly traded. A close corporation can generally be run directly by the shareholders (without a formal board of directors and without a formal...

closely held corporation

A closely held corporation is a corporation which is owned by an individual or small group of shareholders, who are often members of the same family. Shares of a closely held corporation are generally not traded in the securities market(s)....

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