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What does CP stand for?

CP stands for Condition Precedent

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of CP

Other Resources:
We have 227 other meanings of CP in our Acronym Attic

Samples in periodicals archive:

According to the court,"[t]he focus is on the obligation created at the time of the transaction" The Service, on the other hand, argued that the taxpayer's obligation was subject to a condition precedent and, thus, was not a loan.
From the point of view of contract law, the requirement that the 90th Street cooperative apartment be sold before the Prudential loan would be made was a condition precedent which can be defined as an act or event which must occur before the bank's commitment to make the loan can be performed.