Category: C

Equity never counteracts the laws.

A foreign merchant, but generally taken for one who has a stall in a fair or market. Blount.

A SPREAD in the energy market reflecting the price differential between crude oil and a refined product, generally gasoline or heating oil; the spread can be traded through a single FUTURE or OPTION contract on certain EXCHANGES. A hedger or speculator can buy the crack spread (e.g., purchase crude and sell heating oil or gas) to take advantage of positive margins in refining, and sell the spread (e.g., sell crude and purchase heating oil or gas) to profit from negative margins. See also SPARK SPREAD.

1. A general term, now commonly applied to all kinds of sailing vessels, __ though formerly restricted to the smaller n| vessels. The Wenonah, 21 Grat. (Va.) 697; Reed v. Ingham, 3 El. & B. 898. 2. A trade or occupation of the sort requiring skill and training, particularly manual skill combined with a knowledge of the principles of the art; also the body of persons pursuing such a calling; a guild. Gan- ahl v. Shore, 24 Ga. 23. 3. Guile, artful cunning, trickiness. Not a legal term in this sense, though often used in connection with such terms as “fraud” and “artifice.”

This term is applied to a labour organisation, union, where all of the members are in the same occupation or the same trade.

A process where creditors with existing CREDIT RISK to a company that has filed a REORGANIZATION plan under BANKRUPTCY protection choose not to participate in the new plan and have their interests demoted or

A liberty to use a crane for drawing up goods and wares of burden from ships and vessels, at any creek of the sea, or wharf, unto the land, and to make a profit of doing so. It also signifies the money paid and taken for the service. Tomlins.

A term vulgarly applied to a person of eccentric, ill-regulated, and unpractical mental habits; a person half-crazed : a monomaniac; not necessarily equivalent to “insane person,” “lunatic,” or any other term descriptive of complete mental derangement, and not carrying any implication of homicidal mania. Walker v. Tribune Co. (C. C.) 29 Fed. 827.

Gross neglect; absence of ordinary care and diligence. Hun v. Cary, 82 N. Y. 72, 37 Am. Rep. 546.

Large; gross; excessive; extreme. Crass a ignorantia, gross ignorance. Fleta, lib. 5, c. 22,