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Dictionary of Law |
watered stock :: legal definitionWatered stock - n. shares of stock of a corporation which have been issued at a price far greater than true value. In this case, the actual value of all shares is less than the value carried on the books of the corporation. See also: corporation share stock and Related Law Terms ↓ Related Law Termsarticles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporationblue sky laws :: n. laws intended to protect the public from purcha ... e sky." See also: corporation stock bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond. book value :: n. a determination of the value of a corporation's ... ssets may be under- or over-valued. capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock common stock :: n. stock in a corporation in which dividends (payo ... oration preferred stock share stock corporation :: n. an organization formed with state governmental ... ation public corporation securities dividend :: n. a portion of profit, usually based on the numbe ... . See also: corporation shareholder in kind :: adj. referring to payment, distribution or substit ... . See also: distribution trust will incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock issue :: 1) n. a person's children or other lineal descenda ... the body incorporation share stock limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership no-par stock :: n. shares in a corporation which are issued withou ... re stated on the stock certificate. par :: n. 1) an equal level. 2) the face value of a stock ... common stock preferred stock stock preemptive right :: n. the right of a shareholder in a corporation to ... also: corporation shareholder stock preferred stock :: n. a class of shares of stock in a corporation whi ... on stock corporation dividend stock promotional stock :: n. stock issued in a newly formed corporation and ... assets or money. See also: promoter prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock self-dealing :: n. in the stock market, using secret "inside" info ... ederal Securities and Exchange Act. share :: n. 1) a portion of a benefit from a trust, estate, ... n issue of the corporation's stock. shareholder :: n. the owner of one or more shares of stock in a c ... : corporation shareholders' meeting stock :: 1) n. inventory (goods) of a business meant for sa ... siness. See also: share shareholder stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock stock option :: n. the right to purchase stock in the future at a ... hares. See also: option share stock transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock treasury stock :: n. stock of a private corporation which was issued ... be entitled. See also: share stock unissued stock :: n. a corporation's shares of stock which are autho ... poration share stock treasury stock Popular Law Searcheslegal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay. what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger." mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor. clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate. Other Law Terms - Wwaive :: v. to voluntarily give up something, including not ... the other state). See also: waiverwaiver :: n. the intentional and voluntary giving up of some ... ssed on the record. See also: waive wanton :: adj. 1) grossly negligent to the extent of being r ... sexually immoral and unrestrained. ward :: n. 1) a person (usually a minor) who has a guardia ... ouncil district. See also: guardian warrant :: 1) n. an order (writ) of a court which directs a l ... e search and seizure search warrant warranty :: n. a written statement of good quality of merchand ... of the contract. See also: warrant warranty deed :: n. a deed to real property which guarantees that t ... : grant deed quitclaim deed warrant waste :: n. 1) any damage to real property by a tenant whic ... ch may include poisonous effluents. watered stock :: n. shares of stock of a corporation which have bee ... . See also: corporation share stock weight of evidence :: n. the strength, value and believability of eviden ... dence preponderance of the evidence wet reckless :: n. a plea to a charge of reckless driving which wa ... conviction. See also: plea bargain whiplash :: n. a common neck and/or back injury suffered in au ... r damages due to negligent driving. white collar crime :: n. a generic term for crimes involving commercial ... committed by "blue collar" workers. widow :: n. a woman whose husband died while she was marrie ... nefits traceable to the ex-husband. widower :: n. a man whose wife died while he was married to h ... d to her and who has not remarried. widow's election :: n. the choice a widow makes between accepting what ... nt and distribution succession will will :: n. a written document which leaves the estate of t ... will and testament probate testator will contest :: n. a lawsuit challenging the validity of a will an ... so: in terrorem clause probate will willful :: adj. referring to acts which are intentional, cons ... r was willful." See also: willfully willfully :: adv. referring to doing something intentionally, p ... on the property." See also: willful |