In Scotch law. Curtesy. Also the privileges, prerogatives, or, perhaps, retinue, of a court
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CURIOSA ET CAPTIOSA INTERPRETATIO IN LEGE REPROBATUR
A curious [overnice or subtle) and captious interpretation is reprobated in law. 1 Bulst. 6.
CURNOCK
In old English law . A measure containing four bushels or half a quarter of corn. Cowell; Blount
CURRENCY
Coined money and such bank-notes or other paper money as are authorized by law aud do in fact circulate from hand to hand as the medium of exchange . Griswold […]
CURRENCY DERIVATIVE
An EXCHANGETRADED DERIVATIVE or OVERTHECOUNTER DERIVATIVE with an UNDERLYING reference based on FOREIGN EXCHANGE rates and flows. A currency derivative can be structured as a currency OPTION, currency forward, CURRENCY […]
CURRENCY FUTURE
A FUTURES contract , bought or sold via an EXCHANGE, which references a specific FOREIGN EXCHANGE rate . Currency futures are available on both CONVERTIBLE CURRENCIES and select EXOTIC CURRENCIES. […]
CURRENCY SWAP
An OVERTHECOUNTER SWAP involving the exchange of two currencies. A typical currency swap involves the exchange of a fixed payment in one currency for a floating payment in a second […]
CURRENCY WARRANT
A longdated currency OPTION (i.e., three to five years) that is typically attached to a BOND (as a BOND WITH WARRANTS). The warrant, which can be detached and traded separately, […]
CURRENT
Running; now in transit; whatever is at present in course of passage; as “the current month.” When applied to money, it means “lawful;” current money is equivalent to lawful money. […]
CURRENT ACCOUNT
An open, running, or unsettled account between two parties. Tucker v. Quimby, 37 Iowa. l’J; Franklin v. Camp, 1 N. J. Law, 190; Wilson v. Calvert, 18 Ala. 274.
CURRENT ASSETS
Any ASSET on the balance sheet with a final maturity of less than one year. Common current assets include cash, marketable securities (e.g., BONDS, COMMON STOCK , PREFERRED STOCK , […]
CURRENT EXPENSES
Ordinary, regular, and continuing expenditures for the maintenance of property, the carrying on of an ollioe, municipal government, etc. Sheldon v. Purdy, 17 Wash. 135, 49 Pac. 228; State v. […]
CURRENT EXPOSURE METHOD
A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT
CURRENT FUNDS
This phrase means gold or silver, or something equivalent thereto, and convertible at pleasure into coined money. Bull v. Bank. 123 U. S. 105, 8 Sup. Ct. 02. 31 L. […]
CURRENT LIABILITIES
Any LIABILITY contract on the corporate balance sheet with a final maturity of less than one year. Common current liabilities include COMMERCIALPAPER, shortterm NOTES, REPURCHASE AGREEMENTS, DEPOSITS, ACCOUNTS PAYABLE , […]
CURRENT LIABILITY
the term that applies to an existing debt .
CURRENT MONEY
The currency of the country : whatever is intended to and does actually circulate as currency; every species of coin or currency. Miller v. McKinney. 5 Lea (Tenn.) 90. In […]
CURRENT PRICE
This term means the same as ” market value .” Cases of Champagne, 23 Fed. Cas. 11 OS.
CURRENT VALUE
The current value of imported commodities is their common market price at the place of exportation , without reference to the price actually paid by the importer. Tappan v. U. […]
CURRENT WAGES
Such as are paid periodically, or from time to time as the services are rendered or the work is performed ; more particularly, wages for the current period, hence not […]
CURRENT YEAR
The vear now running. Doe v. Dobcll, 1 Adol. & Eh 800; Clark v. Lancaster County, 69 Neb. 717, 96 N. W. 593.
CURRENT YIELD
A current measure of the return on a COUPONbearing FIXED INCOME security , generally computed as: where C is the coupon, and P is the purchase price of the security. […]
CURRICULUM
The year; of the course of a year; the set of studies for a particular period, appointed by a university.
CURRIT QUATUOR PEDIBUS L LAT
It runs upon four feet; or, as sometimes expressed, it runs upon all fours. A phrase used iu arguments to signify the entire and exact application of a case quoted. […]
CURRIT TEMPUS CONTRA DESIDES ET SUI JURIS CONTEMPTORES
Time runs against the slothful and those who neglect their rights. Bract, fols. 100&, 101.