
Condemn
To
declare unfit for use or service. Alternately, to declare legally appropriate
for public use, as in the right of eminent domain.
Condemnation
Process
used by the government to take private property, without the consent of
the owner, for the use of the public.
Condensate
Water
that is the product of condensation from steam.
Condensation
The
removal of heat, which changes a substance to a liquid state from a vapor,
showing up as a film or drop of water.
Condense
1.
To reduce in volume or make more compact.
2.
To change a gas into a liquid or solid.
Condenser
1.
Apparatus for converting gases or vapors
to a liquid state. 2. Lens for concentrating
light rays on an object or area. 3. Electrical capacitor.
Condition
1.
Any requirement before performance or completion of anything.
2.
Anything essential to the existence or occurrence of something else.
3.
A clause in an agreement that modifies it any way.
4.
To affect, modify or influence.
5.
To prepare for something.
6.
A proper or healthy state to be in.
Conditional
Commitment
A
written promise by a lender to make a loan,
pending certain conditions to be met by the borrower.
Conditional
Offer
An
offer to purchase a piece of real estate
provided certain conditions are met.
Conditional
Sale
A
contract stating that the title
will remain with the seller, until certain conditions are fulfilled by
the buyer. Also referred to as conditional conveyance.
Condominium
Individual
living unit in a building or development,
in which title is held to only the interior
space and the recreational and parking area are owned, in common,
by all the residents.
Condominium
Conversion
Change
in title from single ownership of the entire
building to multiple owners of multiple units, i.e. a rental apartment
house to individual condominium ownership. The
tenant is usually given the right to purchase
his/her unit at a favorable price, prior to open
market sales.
Condominium
Owners Association
Association
of the owners of condominium units that is concerned
with the management of day-to-day matters in the complex.
Conduct
To
be able to transmit, carry or convey. To direct.
Conductance
The
ability of a component to conduct
electricity as measured in a direct-current
circuit by the ratio of the current
to the applied electromotive force.
Conduction
1.
A transmission of electricity or heat,
etc by the passage of energy from particle to particle.
2.
Heat transfer between objects with different temperatures.
Conductor
1.
A substance that conducts electricity,
sound, heat, etc.
2.
Water pipe to a building.
3.
Material that permits the passage of electricity.
Conduit
1.
Tube that houses electrical wiring, water, etc.
2.
A flow path.
3.
Alternately, a channel through which mortgage
lenders distribute mortgages to the secondary
mortgage market.
Conduit
Bender
Handle
that is made with a curved shoe, that gives the appearance of a lengthwise
split pipe that has been bent to a 90 degree curve, with a pawl
to hold a piece of electrical conduit on
its end. When the shoe is pressed against the conduit with force on the
handle, it bends the conduit around the shoe to prevent crimping
as it bends.
Conduit
Box
Electrical
box at which conduit is terminated, which
can also be used as a container in which electrical wires and be joined,
redirected or terminated. It is a form of junction
box.
Conduit
Fitting
Fitting
which joins the conduit to a panel
or box or is used to change the direction of the conduit.
Conduit
Strap
Strap
that is fitted around and supports conduit
by attaching it to a structure.
Cone
A
solid, three-dimensional item with a circle
at its base and a curved surface that tapers
evenly to a point.
Cone
of Depression
Angle
of depression, during dewatering,
of a water table.
Confession
of Judgment
Credit
contract provision whereby a borrower agrees
to accept guilt in advance for any suit that may be brought against him/her
by the lender, regardless of the reason for
nonpayment.
Confiscation
Government
seizure of private property without fair and reasonable compensation or
the seizure of property with the owner's legal
right abolished because of a legal violation.
Conform
1.
To cause to become the same or similar.
2.
To behave in a conventional way.
3.
To match a contour.
Conformable
Strata
Similarly
contoured layers of strata in the earth.
Conforming
Loan
A
loan that meets the qualifications necessary
to be purchased by Freddie Mac or Fannie
Mae. The conforming loan limit,
as of March 2000, is $252,700.
Conglomerate
Also
referred to as pudding stone, rock formed of cemented
gravel.
Congruent
Figures
of the same size and shape when, if placed one upon the other, coincide
exactly, in all their parts.
Conical
Resembling
a cone. Tapered to a point.
Conic
Projection
A
map projection, which is formed by projecting
the earth's surface of a cone and unrolling this to
a flat surface on which the parallels of
latitude are then concentric
circles and the meridians
equally, spaced radii.
Conic
Section
A
curve, as an ellipse,
circle parabola or hyperbola, produced by the
intersection of a plane with a right circular
cone.
Conifer
A
cone bearing evergreen
tree or shrub with needle-type leaves such as a pine, spruce, cedar, fir,
yew, etc.
Connect
To
join or fasten together. To link or couple. To plug into an electrical
circuit.
Connecting
Rod
Rod
which is a link connecting reciprocating parts and rotating
parts, of a machine, for example the crankshaft
and piston of an automobile, with the rod having
a pinned connection at one end and the free end rotating around the pin.
The reciprocating motion of the piston within the cylinder
is sent to the crankshaft, which allows it to rotate.
Connector
Device
used to join an electrical wire to a piece of equipment or another wire
or any device that joins two objects.
Connector
Plate
Steel
plate, which joins structural
parts such as a truss to a wall.
Connector,
Pressure
Also
referred to as a wire nut or solderless
connector, this device, often made of plastic, joins two or more stripped
electrical wires together, by twisting, without
the need for soldering. The tapered
spring or threads in a wire nut hold the ends
of the wires that are to be joined.
Consent
Permitting
an action to occur.
Consent
Judgment
The
binding, written agreement between two parties to have a judgment
entered into court records.
Consequential
Damage
Damages
incurred as the result of the effects of a party's breach
of responsibility or contract and usually
result in financial compensation.
Conserve
To
keep from being lost, damaged or wasted.
Conservator
Court-appointed
guardian for the purpose of managing the
affairs of a legally incompetent party.
Consideration
An
inducement, consisting of a thing that is legal
and has value, for a person to enter into a
contract. Alternately, the amount actually
received from a sale after all expenses are
deducted.
Consistency
General
term to describe the thickness, smoothness or cohesiveness
of materials such as concrete, plaster,
adhesive, etc.
Consolidation
Loan
Loan
that combines smaller loans into one larger loan and is typical of a refinance
of debt.
Constant
Payment Loan
Loan
that requires equal periodic payments to pay off the loan subsequent to
the last payment.
Construction
The
building of any structure,
including carpentry, plumbing,
electricity, flooring,
finishes, etc. needed to bring it to a point
of readiness for occupancy.
Construction
Adhesive
General
term used for adhesives used in construction
to hold structural or non-structural members
together with or without the use of other fasteners.
Available in large containers, those that
can be used by a cartridges gun are most convenient.
Construction
Budget
Amount
of funding needed for the construction
of a project.
Construction
Classification
Categorization
by fire resistance.
Construction
Costs
Expenditures
incurred in building a structure,
including labor and material.
Construction
Documents
Drawings
and specifications from an architect,
which provide the detailed requirements of a construction
project.
Construction
Drawings
Includes
architectural plans, building plans, working
drawings, blueprints, etc. Construction
drawings provide the information, drawings, and instruction needed to construct
a building.
Construction Joint
Place
where two sections of concrete meet to form
a bond.
Construction
Loan
Short-term
loan used during the construction
of a building or home. Funds are disbursed
in stages, according to completed amount.
Construction
Management Contract
Contract
between an owner and the general
contractor who is responsible hiring and supervising the trades and
tasks necessary to build a structure.
Construction
Specifications
Commonly
referred to as "specs" these detailed descriptions consist of all items
necessary to complete the construction
of a building, including drawings
and blue prints that outline the technical
standards.
Construction-to-Permanent
Loan
A
construction loan, which can be
converted to a long-term traditional
mortgage upon completion of the construction.
Constructive
Definition
given to an act, fact or thing through legal interpretation.
Constructive
Annexation
The
consolidation of items that have been considered a part of property
but are not actually joined to it or owned by it. Use over an extended
period of time establishes a right to continued use.
Constructive
Eviction
Breaking
of a lease by a tenant
due failure of landlord to keep premises
habitable.
Constructive
Notice
When
a fact is a matter of public record, the law presumes that everyone has
knowledge of that fact.
Constructive
Receipt
Tax
concept whereby income not actually received,
but which could be received, is considered to be constructively received
and must be reported.
Constructive
Trust
Legal
order creating a trust for property illegally
assumed or taken, which will then compel the person who has improperly
assumed the title to the property
to transfer it to the party having the legally sustainable claim.
Consumable
Insert
Filler
metal which is inserted into a weld joint,
which melts and becomes part of the weld joint during welding.
Consumer
Credit Counseling Service (CCCS)
Nationwide,
non-profit organization to help consumers get out of debt
and improve their credit rating. National
headquarters: 8701 Georgia Avenue, Suite 507, Silver Springs, MD 20910.
Phone # (800) 388-2227.
Consumer
Price Index (CPI)
The
most widely known of many such measures of price levels and inflation
that are reported to the U.S. Government. It measures and compares, from
month to month, the total cost of a statistically determined "typical market
basket" of goods and services consumed by U.S. households.
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