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Capital Lease
CANADA A lease that transfers all
the substantial benefits and risks incident to
ownership of property to the lessee.
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Capital Project Funds
Monies used to acquire
major assets with a useful life of more than
one year that may be financed by some form
of long-term debt.
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Cardinal Change
A change that is beyond the
scope of the contract, and thus cannot be
ordered by the contracting officer under the
contract’s change clause.
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Cardinal Rule
To give plain meaning to contract
terms unless the entity or legislation has
assigned a special meaning to the term.
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Cargo
Goods conveyed in a vehicle, ship, train,
or aircraft.
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Carload
1. The minimum weight, as defined by law, of a
shipment entitled to a reduced freight rate.
2. The shipment amount that fills a freight car
(or truck).
3. A load that fills the maximum capacity of a
transporting unit.
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Carrier
A company that transports goods or
people, usually over a fixed route and on a
fixed schedule. See also: Common Carrier.
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Carrier’s Lien
A carrier’s claim on assets pending
collection of freight cost or other charges.
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Carrying Cost
All costs associated with holding
goods in stock (e.g., direct and indirect
administrative costs, opportunity costs,
damage, obsolescence, insurance, taxes). See
also: Procurement Cost.
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Cartage
1. The act of carting or transporting, generally
used to identify the local delivery of goods
received from a carrier.
2. The cost of such transportation.
