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For surveying purposes, the designation given to a particular location formed by the intersection of two boundary lines of real property.

The process by which a group of investors or dealers in a particular commodity exploit its market by purchasing it in large quantities and removing it from general sale for a time, thereby dramatically increasing its market price because its limited supply is greatly exceeded by the demand for it. The condition created when a commitment is made to sell at a special time of delivery in the future, a much greater quantity of a commodity than is available in the present market.

This type of commitment is known as a futures contract. Frequently, neither buyer nor seller expects actual delivery of the goods. They are solely speculating on the difference between the contract price and market price on a particular date. The market price is affected by various economic factors. When a corner is created, the demand for the commodity far exceeds its supply, thereby driving up market prices. On the date of delivery, therefore, the market price will exceed the contract price if no additional quantities can be delivered by persons other than the seller who has "cornered" the market. The buyer must then pay the seller, who had a corner on the specified commodity, the amount by which the market price exceeds the contract price. If, however, additional quantities of the commodity are available in the market, the seller incurs financial losses because the market price will be less than the contract price at which the market was "cornered."

The Commodity Futures Trading Commission is the federal regulatory agency charged with the administration of the Commodity Exchange Act (7 U.S.C.A. § 1 et seq.), which is designed to protect all commodity investors from manipulative practices that hinder the free flow of commerce. Anyone who deliberately exploits the commodities market to create a corner may be prosecuted under federal law for commission of a felony, punishable by a fine of not more than $500,000 or imprisonment of not more than five years, or both, plus the costs of prosecution.

See: border, edge, monopolize, perplex, plight, predicament, stand
References in periodicals archive ?
Pennington kept booting corner kicks and Schepergerdes kept knocking them into the net.
The 49ers scored when Chatfield dropped a corner kick and Dana Farquhar was there to knock it in.
Practice (Monday) was mostly preaching,'' said Canyon co-coach Eric White, whose team surrendered twogoals off corner kicks in less than 90 seconds in its 2-2 draw with Saugus.
Pressed into the role Saturday by suspensions, Ante Razov quickly showed that maybe he's better as a target instead of a taker of corner kicks.
The visitors deserved at least a point for their efforts, but the hosts exposed Chester's main weakness and scored both their goals through corner kicks.
Cables equalised on 52 minutes from a corner kick taken by Jamie McCulloch with Murphy heading back across goal for Carl Furlong to volley home.
On resumption of the second half, Ibrahim Majid doubled Qatar's lead with a canon header that beat goalkeeper Ekramy for the second time, following a corner kick in the 54th minute.
Danny Welbeck got United on the board in the 20th minute off a header from a corner kick.
I fear however that the only way to remove from the game the wrestling matches which it seems occur before every corner kick is for the referees to get tough.
LOS ANGELES - Oregon State fell to UCLA in the 103rd minute Sunday, losing on a rebound goal by Fernando Monge off a corner kick in Pac-12 men's soccer.
The Lions broke a scoreless tie with 19 minutes left when Fabio Rodrigues booted a corner kick into a scrum in front of the net, and Chris Pereira pushed it past Algonquin keeper Jose Silva to make it 1-0.
Anderson's header from a corner kick in the 84th minute bounced off the upright.