An annuity whose payment is dependent upon certain conditions being satisfied. … [Read more...]
CONTINUANCE
The adjournment or postponement of an action pending in a court, to a subsequent day of the same or another term. Com. v. Maloney, 145 Mass. 205, 13 N. E. 482; State v. Underwood, 76 Mo. 630. Also the entry of a continuance made upon the record of the court for the purpose of formally evidencing the postponement or of connecting the parts of the record so as to make one … [Read more...]
CONTINGENT BENEFICIARY
This is an alternate beneficiary that is named in a will, trust document, insurance policy and the like based upon a contingency. For example, a son will obtain the proceeds of an estate and, if he is not alive or is unavailable, his children will receive the proceeds. … [Read more...]
CONTINUANDO
In pleading. A form of allegation in which the trespass, criminal offense, or other wrongful act complained of is charged to have been committed on a specified day and to have "continued" to the present time, or is averred to have been committed at divers days and times within a given period or on a specified day and on divers other days and times between that day and another. … [Read more...]
CONTINGENT CLAIM
One which has not accrued and which is dependent on the happening of some future event. … [Read more...]