Call generally means to request or to use an option. Call has a few different meanings that arise in the legal context:
A person “calls” an option when they choose to use a call option for buying an asset. The person gets to buy a...commercial law
capitalized expenditure
As opposed to an ordinary (or operating expense), which covers the day-to-day costs necessary to keep a business running, a capitalized expenditure is an expense that is made to 1) acquire an asset (whether tangible or intangible) that has a...
capitalized interest
Capitalized interest refers to accrued interest on an asset or loan that is not immediately reported on the company’s income statement as an expense like other interests. Instead, the corporation’s balance sheet reflects the interest in the...
carrying on business
Carrying on business is to perform activities for a business organization such as a partnership or corporation with the purpose of making a profit. The concept is used in a few different ways such as:
A trustee may have a legal duty of...cartel
A cartel is a group of independent corporations or other entities that join together to fix prices, rig bids, allocate markets, or conduct other similar illegal activities. Cartel conduct is mainly subject to criminal penalties under United States...
certification mark
A certification mark is used in commerce by a person other than its owner to identify goods or services as being of a particular type. When a certification mark is used on a product, it is to indicate the existence of an accepted product...
channels
In the context of transportation; channels are the highways, waterways, and air traffic of the country.
See also: Instrumentalities
[Last updated in July of 2022 by the Wex Definitions Team]
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...churn
Churn, in the context of stock trading, means making numerous risky and excessive transactions to generate high commissions against the customer's character of account and objectives by a broker.
See: Churning
[Last...
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...