CONTINENTAL SYSTEM n.
21, 1806, declaring the British Isles to be in a state of blockade, and British subjects, property, and merchandise subject to capture, and excluding British ships from all parts of Europe under French dominion. The retaliatory measures of England were followed by the Milan decree, issued by Napoleon from Milan Dec. 17…
CORNER n.
ination of persons, who buy up the whole or the available part of any stock or species of property, which compels those who need such stock or property to buy of them at their own price; as, a corner in a railway stock. [Broker's Cant] Corner stone, the stone which lies at the corner of two walls, and unites them; the…
CREDIT n.
Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit. Credit is nothing but the expectation of money, within s…