Dictionary of Law
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Founded: 14
acceleration clause :: n. a provision in a contract or promissory note th ... . See also: acceleration assumption
acceleration :: n. 1) speeding up the time when there is vesting ( ... See also: acceleration clause vest
a priori assumption :: (ah-pree-ory) n. from Latin, an assumption that is ... when the reality is not so certain.
assumption of risk :: n. 1) taking a chance in a potentially dangerous s ... d be damaged or prove unprofitable.
assumption :: n. the act of taking over a debt as part of paymen ... secures that debt. See also: assume
subject to :: adj. referring to the acquisition of title to real ... : assumption deed of trust mortgage
white collar crime :: n. a generic term for crimes involving commercial ... committed by "blue collar" workers.
risk :: n. chances of danger or loss, particularly of prop ... so: assumption of risk risk of loss
implied warranty :: n. an assumption at law that products are "merchan ... er. See also: caveat emptor implied
maturity :: n. 1) the date when the payment of the principal a ... exchange legal age promissory note
assume :: v. to take over the liability for a debt on a prom ... he assumption. See also: assumption
implied covenant of good faith and fair dealing :: n. a general assumption of the law of contracts, t ... -long employment. See also: implied
pro forma :: 1) prep. Latin for "as a matter of form," the phra ... se in annual sales or 6% inflation.
rebuttable presumption :: n. since a presumption is an assumption of fact ac ... a redundancy. See also: presumption