The Law Dictionary

CREST

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A term used in heraldry; it signifies the devices set over a coat of arms. … [Read more...]

CREDIT REPORTING AGENCY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A company that compiles and sells information about the history of a person's financial transactions in order to help ascertain the creditworthiness of the individual. There are three major credit reporting agencies; Equifax, Experian and TransUnion. See also credit bureau. … [Read more...]

CREATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

To bring into being; to cause to exist; to produce; as, to create a trust In lands, to create a corporation, Edwards v. Bibb, 54 Ala. 481; McClellan v. McClellan, 65 Me. 500. To create a charter or a corporation is to make one which never existed before, while to renew one is to give vitality to one which has been forfeited or has expired; and to extend one is to give an … [Read more...]

CREDIT SCORE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A calculation of various factors concerning an individuals financial history that provide an indication as to their creditworthiness. Good credit scores are over 700 and low is 400-500 and under and indicate a high risk. The most popular company providing credit scores is FICO (Fair Isaac Corporation.) … [Read more...]

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