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A B C D E F G H I J L M N O P Q R S T U V W Z
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Case Law
"That body of Court decisions that act as precedents in the interpretation of various Acts. In some cases, the rule is not in statute books but can be found as a principle of law More…
CAUSE OF ACTION
The fact or facts which give a person the legal right to begin a lawsuit.
Caveat
A formal warning. Beware!
Caveat Emptor
Let the buyer beware.
CCAA
Companies Creditors Arrangement Act: Canadian statute for companies with liabilities over 5mn to restructure under
CCAA - Companies' Creditors Arrangement Act
"An Act under which proposals or arrangements or compromising of debt is structured. For a company to be eligible to file under the CCAA, it must have at least $5 million in debt. More…
Central Bank
Canada - Bank of Canada;United States - Federal Reserve Bank.
Certificate of Indefeasible Title
Certificate obtained from land titles office indicating charges and encumbrances against a particular piece of property.
Charge
"An encumbrance, lien or financial obligation that is attached to some property. For example, a person who files a lien against a piece of property might say that he has a charge More…
Chattel
Assets that are movable and not attached to land or real property.
Chattel Mortgage
"An interest that is given by one person in, say, a piece of property such as a piano to another person to secure a debt. "
Chose In Action
"The right of property in intangible things which are not in one's possession, but that are enforcible through legal or Court action, such as debts, insurance claims, shares in a More…
CLAIM
Demand for money or personal property owing to the plaintiff by the defendant.
CLAIM FORM
The form used by the party who is suing or making the claim to start the action. - PLAINTIFFS CLAIM
Claim Provable In Bankruptcy
Any claim or liability that is provable in a proceeding under the Bankruptcy and Insolvency Act.
CLAIMANT OR PLAINTIFF
Party who is suing or making the claim.
Clearance Certificate
A certificate issued by a statutory body signifying that they are not owed any money in regards to a certain file or company.
CLERK
The court official to whom certain powers and duties are given by law. These powers and duties may be exercised or performed by one or more staff in the court office.
Collateral
Property that has been given or committed in order to guarantee a loan.
Collusion
A secret agreement and co-operation for a fraudulent or deceitful purpose.
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