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| Commodity
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Any article bought and sold. Basic items or staple products. |
| Common area
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The area in a housing or condominium development that is owned by all residents. |
| Common area assessments
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Fees paid by a housing or condominium development, which are used to maintain, operate or repair common areas. |
| Common area charges
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Fees that all tenants or owners must pay for the cost of maintaining common areas. |
| Common bond
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Brickwork design using stretchers with either full headers or Flemish headers every sixth course. |
| Common brick
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The standard clay brick, which is made of, burned clay, shale or clinker. |
| Common elements
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The parts of a condominium that are owned by all of the unit owners. |
| Common law
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Laws based on custom, usage and rulings of courts in various jurisdictions. |
| Common lumber
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Usually used in areas where perfection of appearance is not very important, these boards have some imperfections and knots. |
| Common nail
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Used for general carpentry, common nails have a smooth shank with a flat head and are available in a variety of lengths. |
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