chambers of commerce: associations of business and
professional people that seek to promote the interests of the
business community.
charter n: a document issued by a state government
granting a corporation permission to operate.
charter v: to say officially that a town, organization, or
bank officially exists and has special rights.
checking account: a bank account against which the
depositor can write checks.
checks: written orders directing a bank to pay a person
or business a specific sum of money.
Clayton Antitrust Act: law passed by Congress in 1914
which specified what acts would be considered "in restraint of
trade." This one forbids price discrimination.
closed (or private) corporation: one whose stock is not
sold to the public.
closed shop: one in which workers must belong to the
union before they can be hired.