CIVICS

Certified Copy

Definition from Nolo’s Plain-English Law DictionaryA copy of a document issued by a court or government agency guaranteed to be a true and exact copy of the original. Many agencies and institutions require certified copies of legal documents before...

Certified Public Accountant (CPA)

A title given to professional accountants who have passed the Uniform Certified Public Accountant Examination and have met other educational and work requirements imposed by each state.

Certiorari

Overview

When a party loses in a court of law, it is often allowed to appeal the decision to a higher court. In some instances, parties are entitled to an appeal, as a matter of right. However, sometimes a party is not able to appeal as a matter of...

Channels

Refers to the highways, waterways, and air traffic of the country. Compare with instrumentalities.

Chapter 9 Bankruptcy

Chapter 9 of the Bankruptcy Code provides a legal remedy for insolvent municipalities to "provide adequate municipal services" to residents. Specifically, the provisions permit municipalities to file for bankruptcy and address their...

Charitable Contribution

Charitable contributions are donations of money or other resources to a 501(c)(3) charitable organization such as environmental advocacy groups or food banks. The key characteristic of these contributions is that they can be deducted from an...

Charitable Gift Annuity

Definition from Nolo’s Plain-English Law DictionaryA contract with a charity under which someone transfers assets to the charity in return for a promise to receive fixed payments for life (or, commonly, for the life of the donor and the donor's spouse)....

Charitable Lead Trust

A charitable trust in which the income from the trust is used for a charitable purpose, and the body of the trust property will later revert back to the original donor (or another person specified - typically their children or grandchildren).

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Charitable Organization

A charitable organization is a nonprofit organization that seeks to advance some public benefit. Public benefit includes a broad range of areas such as education, poverty alleviation, scientific research, environment, diversity, religion, and...

Charitable Remainder Annuity Trust

A form of charitable remainder trust in which the trustee pays the income beneficiary a fixed amount each year.

Compare to Charitable Remainder Unitrust.

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