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VOCABULARY C
VOCABULARY C
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capital
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all of the money, property and assets of a business
charity
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an organization that collects money or goods o help people such as the poor or the sick
cite
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to refer to sth or to quote sth in court
claimant
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plaintiff; the person who starts a claim against someone in the civil court
class action
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a lawsuit or claim started by a group of people who are taking action together against the defendant because they all have the same problem
compound interest
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interest that is calculated on both the sum of money lent to someone and on the interest that has accrued but not been paid
concur
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to agree with someone, usually because you have the same opinion as they
consideration
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the thing that each party to a contract gives in exchange for what other party gives; it is usually money, goods
convene
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to ask a group of people to come together to attend a formal meeting
conveyancing
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the law and procedure relating to legally transferring the ownership of real property (land, including buildings) from one party to another
copyright
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the legal right of an author, musician, artist or film maker to publish his or her own work and not have it copied without permission
covenant
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to agree to do sth under the terms of a contract
cover
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to have or to give protection against financial loss to someone, usually under an insurance policy
creditor
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a person or company that is owed money
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