Category: C

An inferior officer of the papal court.

The practice of the court is the law of the court.

The estate to which by common law a man is entitled, on the death of his wife, in the lands or tenements of which she was seised iu possession in fee-simple or in tail (luring her coverture, provided they have had lawful issue born alive which might have been capable of inheriting the estate. It is a freehold estate for the term of his natural life. 1 Washb. Real Prop. 127; 2 Bl. Comm. 126; Co. Litt. 30a; Dozier v. Toalson, 180 Mo. 540, 79 S. W. 420. 103 Am. St. Rep. 5S6; Valentine v. Hutchinson, 43 Misc. Rep. 314, 88 N. Y. Supp. 802; Redus v. Hayden. 43 Miss. 614; Billings v. Baker, 28 Barb. (N. Y.) 343; Templeton v. Twitty. 88 Tenn. 595, 14 S. W. 435; Jackson v. John CURTESY 309 CUSTOM son, 5 Cow. (N. Y.) 74, 15 Am. Dec. 433; Ryan v. Freeman, 36 Miss. 175. Initiate and consummate. Curtesy initiate is the interest which a husband has in his wife’s estate after the birth of issue capable of inheriting, and before tlie death of the wife; after her death, it becomes an estate “by the curtesy consummate.” Wait v. Wait. 4 I’arb. (N. Y.t 205: Churchill v. Hudson (C. C.I 34 Fed. 14; Turner v. Heinberg, 30 Ind. App. 615, 05 N. E. 294.

The name of King Edward the Confessor’s sword. It is said that the point of it was broken, as an emblem of mercy. (Mat. Par. in Hen. III.) Wharton.

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. Wharton v. Morris, 1 Dall. 124, 1 L. Ed. 05.

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.

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, and other investments), INVENTORY, and ACCOUNTS RECEIVABLE. Current assets generally exhibit a high degree of LIQUIDITY and can often be converted into cash very quickly, at a price near carrying value. See also CURRENT LIABILITIES, CURRENT RATIO.

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. Board of Education. 08 N. J. Law, 490, 53 Atl. 230; Babcock v. Goodrich, 47 Cal. 510.

A regulatory method of computing CREDIT RISK on a SWAP under the BANK FOR INTERNATIONAL SETTLEMENT

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. Ed. 97; Lacy v. llolbrook. 4 Ala. 90; Haddock v. Woods, 40 Iowa, 433.