| Term | Definition |
| carrier | transporter of goods or freight |
| attachment | the taking of property into legal custody |
| commercial paper | negotiable instruments |
| caveat emptor | let the buyer beware |
| covenant | agreement |
| principal | the person who gives permission to someone to act for him |
| special agent | a person who has permission to perform a specified act for the principal |
| implied agency | an agency which is created by the actions of parties in a particular situation |
| silent partner | one who is not publicly known as being a partner |
| capital | the assets of a corporation |