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Dictionary of Law |
Founded: 273 stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock unissued stock :: n. a corporation's shares of stock which are autho ... poration share stock treasury stock stock option :: n. the right to purchase stock in the future at a ... hares. See also: option share stock stock :: 1) n. inventory (goods) of a business meant for sa ... siness. See also: share shareholder capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock no-par stock :: n. shares in a corporation which are issued withou ... re stated on the stock certificate. watered stock :: n. shares of stock of a corporation which have bee ... . See also: corporation share stock treasury stock :: n. stock of a private corporation which was issued ... be entitled. See also: share stock promotional stock :: n. stock issued in a newly formed corporation and ... assets or money. See also: promoter bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond. stockholders' derivative action :: n. See also: derivative action shareholders' deriv ... ion shareholders' derivative action preferred dividend :: n. a payment of a corporation's profits to holders ... of stock. See also: preferred stock stockholder :: n. shareholder in a corporation. See also: shareho ... corporation. See also: shareholder stock in trade :: n. the inventory of merchandise held for sale. ... ntory of merchandise held for sale. par :: n. 1) an equal level. 2) the face value of a stock ... common stock preferred stock stock issue :: 1) n. a person's children or other lineal descenda ... the body incorporation share stock shareholder :: n. the owner of one or more shares of stock in a c ... : corporation shareholders' meeting fiduciary :: 1) n. from the Latin fiducia, meaning "trust," a p ... lation fiduciary relationship trust securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock letters testamentary :: n. a document issued by the court clerk which stat ... te. See also: administrator probate letters of administration :: n. a document issued by the court clerk which stat ... estate. See also: executor probate underwrite :: v. 1) to agree to pay an obligation which may aris ... antee guarantor insurer underwriter malum prohibitum :: (mal-uhm prohibit-uhm) adj. Latin meaning "wrong d ... lso: malum in se white collar crime proxy :: n. 1) someone who is authorized to serve in one's ... d members and convention delegates. limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership insider trading :: n. the use of confidential information about a bus ... o catch insiders. See also: insider subscribe :: v. 1) to sign at the end of a document. The courts ... r periodical magazine or newspaper. in kind :: adj. referring to payment, distribution or substit ... . See also: distribution trust will forgery :: n. 1) the crime of creating a false document, alte ... See also: counterfeit forger fraud debenture :: n. a form of bond certificate issued by a corporat ... n shares of stock or general bonds. insider :: n. someone who has a position in a business or sto ... ange Act. See also: insider trading bribery :: n. the crime of giving or taking money or some oth ... s which are against company policy. common counts :: n. claims for debt alleged in a lawsuit (included ... so: cause of action complaint count common law :: n. the traditional unwritten law of England, based ... plied without reference to statute. common-law marriage :: n. an agreement between a man and woman to live to ... a marriage. See also: cohabitation common property :: n. 1) real property owned by "tenants in common," ... e, like parks and national forests. common area :: n. in condominium and some cooperative housing pro ... tage of total store space occupied. boiler room :: n. a telephone bank operation in which fast-talkin ... and in violation of security laws. exemplary damages :: n. often called punitive damages, these are damage ... See also: damages punitive damages face value :: n. in shares of stock, the original cost of the st ... on the certificate, or "par value." dividend :: n. a portion of profit, usually based on the numbe ... . See also: corporation shareholder derivative action :: n. a lawsuit brought by a corporation shareholder ... on director shareholder stockholder confidential relation :: n. a relationship in which one person has confiden ... remely obvious. See also: fiduciary corporation :: n. an organization formed with state governmental ... ation public corporation securities corporate opportunity :: n. a business opportunity which becomes known to a ... ative action fiduciary relationship cease and desist order :: n. an order of a court or government agency to a p ... ing which would damage the ecology. bylaws :: n. the written rules for conduct of a corporation, ... d/or amended. See also: corporation bucket shop :: n. an unofficial and usually illegal betting opera ... the stock and commodities markets. American Depository Receipt :: n. called in the banking trade an ADR, it is a rec ... ding the foreign shares themselves. articles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporation buy-sell agreement :: n. a contract among the owners of a business which ... older's interest in the enterprise. guardian :: n. a person who has been appointed by a judge to t ... torship. See also: conservator ward tenancy in common :: n. title to property (usually real property, but i ... on. See also: joint tenancy tenancy book value :: n. a determination of the value of a corporation's ... ssets may be under- or over-valued. blue sky laws :: n. laws intended to protect the public from purcha ... e sky." See also: corporation stock bulk sale :: n. the sale of all or a large part of a merchant's ... entories. See also: bulk sales acts capital :: 1) n. from Latin for caput, meaning "head," the ba ... count capital assets stock in trade call :: n. the demand by a corporation that a stockholder ... assessment on shares already owned. broker :: n. in general, a person who arranges contracts bet ... security ("hocked") at high rates. churning :: n. the unethical and usually illegal practice of e ... f obtaining high sales commissions. clerk :: n. 1) an official or employee who handles the busi ... stocking shelves, or counter sales. peace bond :: n. a bond required as part of a court order to gua ... ee also: injunction stay away order subchapter S corporation :: n. the choice by a small corporation to be treated ... ing attorney. See also: corporation share and share alike :: adj. referring to the equal division of a benefit ... among the three surviving nephews. treasury bond :: n. a long-term bond issued by the U.S. Treasury. S ... e also: treasury bill treasury note 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. survivorship :: n. the right to receive full title or ownership du ... onvenience. See also: joint tenancy transfer agent :: n. a person or company retained by a corporation t ... stockbroker. See also: share stock bail bondsman :: n. a professional agent for an insurance company w ... t to jail. See also: bail bail bond bail bond :: n. a bond provided by an insurance company through ... urned. See also: bail bail bondsman holding company :: n. a company, usually a corporation, which is crea ... gement and policies of all of them. bondsman :: n. 1) someone who sells bail bonds. 2) a surety (g ... also: bail bond bail bondsman bond ultra vires :: (uhl-trah veye-rehz) adj. Latin for "beyond powers ... it is issued. See also: corporation voting trust :: n. a trust which solicits vote proxies of sharehol ... ation proxy shareholder stockholder robbery :: n. 1) the direct taking of property (including mon ... We've been robbed." See also: theft white collar crime :: n. a generic term for crimes involving commercial ... committed by "blue collar" workers. passive :: adj. referring to being inactive. A "passive trust ... ment and interest on bank accounts. intangible property :: n. items such as stock in a company which represen ... t are not actual, tangible objects. incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock meeting of the minds :: n. when two parties to an agreement (contract) bot ... eant his cattle. See also: contract income :: n. money, goods or other economic benefit received ... ernment and most state governments. limited liability :: n. the maximum amount a person participating in a ... ted damages partnership shareholder pierce the corporate veil :: v. to prove that a corporation exists merely as a ... ling with it. See also: corporation preemptive right :: n. the right of a shareholder in a corporation to ... also: corporation shareholder stock reorganization :: n. the implementation of a business plan to restru ... also: bankruptcy corporation merger registration statement :: n. a detailed report to be filed with the Securiti ... See also: blue sky laws prospectus prospectus :: n. a detailed statement by a corporation required ... rporation limited partnership stock promoter :: n. a person who puts together a business, particul ... y effort and not by assets or cash. decree :: n. in general, synonymous with judgment. However, ... n's estate, etc. See also: judgment attachment :: n. the seizing of money or property prior to getti ... bond. See also: writ of attachment common carrier :: n. an individual, a company or a public utility (l ... -time-only event. See also: carrier bona fide purchaser :: n. commonly called BFP in legal and banking circle ... See also: BFP holder in due course breach of contract :: n. failing to perform any term of a contract, writ ... breach breach specific performance habeas corpus :: (hay-bee-us core-puss) n. Latin for "you have the ... nality of a state court conviction. preferred stock :: n. a class of shares of stock in a corporation whi ... on stock corporation dividend stock common stock :: n. stock in a corporation in which dividends (payo ... oration preferred stock share stock query :: n. common lawyer lingo for a question to be answer ... ingo for a question to be answered. putative :: adj. commonly believed, supposed or claimed. Thus ... not the last will of the deceased. quasi-criminal :: adj. a reference to a court's right to punish for ... defendant. See also: criminal quasi quiet title action :: n. a lawsuit to establish a party's title to real ... opposition. See also: notice title quitclaim deed :: n. a real property deed which transfers (conveys) ... also: convey deed grant deed title restriction :: n. any limitation on activity, by statute, regulat ... rated into the title of each owner. replevin :: n. under common law, the right to bring a lawsuit ... se of action" for all civil wrongs. relevant :: adj. having some reasonable connection with, and i ... nt." See also: irrelevant objection reckless :: adj. in both negligence and criminal cases, carele ... so: careless negligent wet reckless reasonable time :: n. in contracts, common custom in the business or ... a contract using such a vague term. reasonable wear and tear :: n. commonly used in leases to limit the tenant's r ... ble wear and tear." See also: lease public property :: n. property owned by the government or one of its ... l public. See also: common property private carrier :: n. one who provides transportation or delivery of ... also: common carrier guest statute prenuptial agreement :: n. also called an antenuptial agreement, a written ... been "taken" by a previous spouse. prescription :: n. the method of acquiring an easement upon anothe ... ty. See also: prescriptive easement preliminary hearing :: n. in criminal law, a hearing to determine if a pe ... nment charge Grand Jury information per stirpes :: (purr stir-peas) adj. Latin for "by roots," by rep ... descent and distribution trust will restrictive covenant :: n. 1) an agreement included in a deed to real prop ... o: covenant that runs with the land passenger :: n. a rider who has paid a fare on a train, bus, ai ... also: common carrier guest statute property :: n. anything that is owned by a person or entity. P ... rty real property separate property prostitute :: n. a person who receives payment for sexual interc ... also: pander panderer prostitution protective custody :: n. the act of law enforcement officials in placing ... ical harm or death if they testify. secret rebate :: n. a kickback of money by a business to a "preferr ... h a secret rebate. See also: rebate prosecution :: n. 1) in criminal law, the government attorney cha ... se). See also: prosecute prosecutor prosecute :: v. 1) in criminal law, to charge a person with a c ... rney General prosecution prosecutor maxims :: n. a collection of legal truisms which are used as ... e and the ordinary habits of life." subpoena :: n. the original spelling of subpena, still commonl ... e also: subpena subpena duces tecum theft :: n. the generic term for all crimes in which a pers ... rglary embezzlement larceny robbery Thirty-day notice :: n. a notice by a landlord to a tenant on a month-t ... e also: landlord and tenant service frisk :: v. quickly patting down the clothes of a possible ... k women and men officers frisk men. tenancy :: n. the right to occupy real property permanently, ... rety tenancy in common tenant title suit :: n. generic term for any filing of a complaint (or ... "suit in equity." See also: lawsuit tangible property :: n. physical articles (things) as distinguished fro ... operty personal property personalty three-day notice :: n. a notice to pay delinquent rent or quit (leave ... nd tenant service unlawful detainer trial de novo :: n. a form of appeal in which the appeals court hol ... from small claims court judgments. whiplash :: n. a common neck and/or back injury suffered in au ... r damages due to negligent driving. party :: n. 1) one of the participants in a lawsuit or othe ... y real party in interest respondent use :: n. the right to enjoy the benefits of real propert ... ay it is only of academic interest. undivided interest :: n. title to real property held by two or more pers ... y by the entirety tenancy in common unclean hands :: n. a legal doctrine which is a defense to a compla ... ough. See also: affirmative defense subpena duces tecum :: : (suh-pea-nah dooh-chess-take-uhm or dooh-kess-ta ... ng a court order. See also: witness stop and frisk :: n. a law enforcement officer's search for a weapon ... h search and seizure search warrant search :: v. 1) to examine another's premises (including a v ... e search and seizure search warrant seized :: (seised) n. 1) having ownership, commonly used in ... by force. See also: seisin seizure scintilla :: n. Latin for "spark." Scintilla is commonly used i ... ark) upon which to base a judgment. riot :: n. 1) technically a turbulent and violent disturba ... to unlawful possession of firearms. retainer :: n. the advance payment to an attorney for services ... e stuck with extensive unpaid fees. self-defense :: n. the use of reasonable force to protect oneself ... ndalism. See also: assault homicide self-help :: n. 1) obtaining relief or enforcing one's rights w ... maximizing of one's opportunities. spousal support :: n. payment for support of an ex-spouse (or a spous ... but two. See also: alimony divorce statutory rape :: n. sexual intercourse with a female below the lega ... majority minority molestation rape shareholders' agreement :: n. an employment agreement among the shareholders ... re only three or four shareholders. service by publication :: n. serving a summons or other legal document in a ... perty. See also: service of process sequester :: v. to keep separate or apart. In so-called "high-p ... of others. See also: sequestration result :: n. common lawyer lingo for outcome of a lawsuit. ... yer lingo for outcome of a lawsuit. limitation of actions :: n. the period of time in which a person has to fil ... e. See also: statute of limitations challenge :: n. the right of each attorney in a jury trial to r ... ess. See also: peremptory challenge certiorari :: n. (sersh-oh-rare-ee) a writ (order) of a higher c ... cedents (previously decided cases). champerty :: n. an agreement between the party suing in a lawsu ... . See also: barratry contingent fee child custody :: n. a court's determination of which parent, relati ... pport custody divorce joint custody civil law :: n. 1) a body of laws and legal concepts which come ... generic term for non-criminal law. citizen :: n. person who by place of birth, nationality of on ... look this duality of nationalities. cashier's check :: n. a check issued by a bank on its own account for ... ansfers, tax payments and the like. case law :: n. reported decisions of appeals courts and other ... es. See also: case system precedent Bill of Rights :: n. the first ten amendments to the federal Constit ... ved to the states or to the people. bill :: n. 1) what is commonly called a "check" by which t ... ions, which is falling into disuse. boilerplate :: n., adj. slang for provisions in a contract, form ... favor and/or protect the provider. burglary :: n. the crime of breaking and entering into a struc ... le. See also: breaking and entering carrying for hire :: n. the act of transporting goods or individuals fo ... n. See also: carrier common carrier carrier :: n. in general, any person or business which transp ... lso: common carrier private carrier civil liberties :: n. rights or freedoms given to the people by the F ... nment. See also: civil civil rights condominium :: n. title to a unit of real property which, in real ... ium projects. See also: common area court :: n. 1) the judge, as in "The court rules in favor o ... cost and wait of full court trials. count :: n. each separate statement in a complaint which st ... also: cause of action common counts court costs :: n. fees for expenses that the courts pass on to at ... ee also: cost bill prevailing party court of equity :: n. originally in English common law and in several ... also: chancery court of law equity covenant :: 1) n. a promise in a written contract or a deed of ... o compete deed restrictive covenant court of law :: n. any tribunal within a judicial system. Under En ... aw. See also: chancery court equity cotenancy :: n. the situation when more than one person has an ... y by the entirety tenancy in common copyright :: 1) n. the exclusive right of the author or creator ... plagiarism public domain trademark constitution :: n. the fundamental, underlying document which esta ... ts common law constitutional rights consent decree :: n. an order of a judge based upon an agreement, al ... he same. See also: consent judgment contractor :: n. 1) a person or entity that enters into a contra ... actor mechanic's lien subcontractor contributory negligence :: n. a doctrine of common law that if a person was i ... : comparative negligence negligence cooperative housing :: n. an arrangement in which an association or corpo ... common area condominium cooperative belief :: n. convinced of the truth of a statement or allega ... t. See also: information and belief bankruptcy :: n. a federal system of statutes and courts which p ... y proceedings trustee in bankruptcy bottomry :: n. a mortgage contract in which a ship and/or its ... n sell the ship and/or its freight. BFP :: n. slang for bona fide purchaser, which means some ... ner). See also: bona fide purchaser constructive :: adj. a legal fiction for treating a situation as i ... ctive possession constructive trust counterfeit :: 1) adj. describing a document, particularly money, ... d for real. See also: forgery utter holder :: n. a general term for anyone in possession of prop ... older in due course promissory note defeasance :: n. an antiquated word for a document which termina ... d or contract if some event occurs. bearer paper :: n. negotiable instrument (e.g. a bond) which is pa ... sion (the bearer). See also: bearer bearer :: n. anyone holding something, such as a check, prom ... bearer paper negotiable instrument bail :: 1) n. the money or bond put up to secure the relea ... bond bail bondsman own recognizance admission to bail :: n. an order of a court in a criminal case allowing ... lient. See also: bail bail bondsman bailee :: n. a person, also called a custodian, with whom so ... he goods. See also: bailment bailor bailment :: n. 1) the act of placing property in the custody a ... "bailment." See also: bailee bailor bank :: n. 1) an officially chartered institution empowere ... erred to as "in bank" or "en banc." instrument :: n. 1) a written legal document such as a contract, ... in an assault (a blunt instrument). intestacy :: n. the condition of having died without a valid wi ... e. See also: intestate probate will and :: conj. this little word is important in law, partic ... ds "or," but not if it reads "and." amortization :: n. a periodic payment plan to pay a debt in which ... payment. See also: promissory note antenuptial (prenuptial) agreement :: n. a written contract between two people who are a ... ave been "taken" by a prior spouse. arguendo :: prep. Latin meaning "for the sake of argument," us ... rs most commonly in appeals briefs. authorities :: n. 1) previous decisions by courts of appeal which ... also: brief cite decision precedent assignment :: n. the act of transferring an interest in property ... ing with property. See also: assign allege :: v. to claim a fact is true, commonly in a complain ... or any claim. See also: allegation addendum :: n. an addition to a completed written document. Mo ... proposals or included fraudulently. stay away order :: n. a court order that a person may not come near a ... also: peace bond restraining order jump bail :: v. to fail to appear for a court appearance after ... also: bail bail bond bail bondsman surety :: n. a guarantor of payment or performance if anothe ... or entity. See also: bond guarantor treasury bill :: n. a promissory note issued in multiples of $10,00 ... e also: treasury bond treasury note treasury note :: n. a promissory note issued by the U.S. Treasury, ... e also: treasury bill treasury bond covenant not to compete :: n. a common provision in a contract for sale of a ... the sales price. See also: covenant covenants, conditions and restrictions :: n. commonly called "CC and Rs," these are written ... ctive purchaser. See also: covenant last clear chance :: n. a rule of law in determining responsibility for ... contributory negligence negligence last antecedent rule :: n. a doctrine of interpretation (construction) of ... o trucks and not boats or tractors. law :: n. 1) any system of regulations to govern the cond ... um maritime law natural law statute law book :: n. any of numerous volumes dealing with law, inclu ... : common law law Shepardize statute leasehold :: n. the real estate which is the subject of a lease ... sehold. See also: condominium lease lawsuit :: n. a common term for a legal action by one person ... See also: case cause of action suit justice of the peace :: (JP) n. a judge who handles minor legal matters su ... ersons to qualify by taking a test. jury :: n. one of the remarkable innovations of the Englis ... hallenge sequester venire voir dire joint :: adj., adv. referring to property, rights or obliga ... ncy joint venture tenancy in common irrelevant :: adj. not important, pertinent, or germane to the m ... ce immaterial incompetent objection joint tenancy :: n. a crucial relationship in the ownership of real ... ty property tenancy in common title judgment notwithstanding the verdict :: (N.O.V.) n. reversal of a jury's verdict by the tr ... veredicto. See also: N.O.V. verdict judicial notice :: n. the authority of a judge to accept as facts cer ... elts in the sun. See also: evidence lesser-included offense :: n. in criminal law, a crime which is proved by the ... g jail time. See also: plea bargain administrator :: n. the person appointed by the court to handle the ... e also: administer executor probate mortgage :: n. a document in which the owner pledges his/her/i ... losure notice of default trust deed modification :: n. a change in an existing court order or judgment ... terms of child support and custody. motion in limine :: (lim-in-nay) n. Latin for "threshold," a motion ma ... o: in limine Miranda warning motion multifarious :: adj., adv. reference to a lawsuit in which either ... ed misjoinder. See also: misjoinder out of court :: adj. referring to actions, including negotiations ... is dismissed. See also: settlement nullity :: n. something which may be treated as nothing, as i ... of a marriage by a court judgment. misjoinder :: n. the inclusion of parties (plaintiffs or defenda ... ent transactions. See also: joinder meet and confer :: n. a requirement of courts that before certain typ ... s which are freighted with emotion. loss of use :: n. the inability to use an automobile, premises or ... ding or premises. See also: damages living trust :: n. sometimes called an inter vivos (Latin for "wit ... thrift clause trust trustee trustor maim :: v. to inflict a serious bodily injury, including m ... to a prison term. See also: mayhem marriage :: n. the joining of a male and female in matrimony b ... of time without legal formalities. mediation :: n. the attempt to settle a legal dispute through a ... a settlement. See also: arbitration inure :: v. result in. Commonly used in legal terminology i ... ure to the benefit of Janet Jones." interlocutory decree :: n. a court judgment which is temporary and not int ... ppeared to waste the parties' time. divestiture :: n. the court-ordered or voluntary giving up of a p ... nopoly or other restraint of trade. discount :: n. the payment of less than the full amount due on ... now-the difference is the discount. dower :: n. an old English common law right of a widow to o ... t and distribution widow's election driving under the influence (DUI) :: n. commonly called "drunk driving," it refers to o ... (DWI), drunk driving, or a "deuce". escrow agent :: n. a person or entity holding documents and funds ... on local practice. See also: escrow equity :: n. 1) a venerable group of rights and procedures t ... ry enjoin equitable injunction writ devolve :: v. when property is automatically transferred from ... ory sovereign rights to run itself. degree of kinship :: n. the level of relationship between two persons r ... there is no will. See also: descent curtesy :: n. in old common law, the right of a surviving hus ... ommunity property dower life estate credible witness :: n. a witness whose testimony is more than likely t ... ther factors. See also: credibility debt :: n. 1) a sum of money due to another. 2) obligation ... mount owed. See also: common counts declarant :: n. the person making a statement, usually written ... also: affiant affidavit declaration default judgment :: n. if a defendant in a lawsuit fails to respond to ... See also: complaint default summons estate :: n. 1) all that one owns in real estate and other a ... ife estate probate real estate will estate tax :: n. generally a federal tax on the transfer of a de ... commonly called an inheritance tax. good cause :: n. a legally sufficient reason for a ruling or oth ... od cause shown, the court orders:." general partner :: n. 1) usually one of the owners and operators of a ... ted partnership partner partnership governmental immunity :: n. the doctrine from English common law that no go ... o: Federal Tort Claims Act immunity hearsay :: n. 1) second-hand evidence in which the witness is ... t or gossip. See also: hearsay rule indictment :: n. a charge of a felony (serious crime) voted by a ... ictable offense preliminary hearing immaterial :: adj. a commonly heard objection to introducing evi ... ons. See also: irrelevant objection foreseeable risk :: n. a danger which a reasonable person should antic ... reseeable. See also: foreseeability forensic medicine :: n. research, reports and testimony in court by exp ... dical examiners. See also: forensic et seq. :: (et seek) n. abbreviation for the Latin phrase et ... Vehicle Code Section 1204, et seq." et al. :: n. abbreviation for the Latin phrase et alii meani ... urgatroyd v. Sally Sherman, et al." et ux. :: (et uhks) n. abbreviation for the Latin words et u ... ression a chauvinistic anachronism. excusable neglect :: n. a legitimate excuse for the failure of a party ... See also: default default judgment false arrest :: n. physically detaining someone without the legal ... sment. See also: false imprisonment partition :: n. a lawsuit which one co-owner of real property c ... sell, keep or divide the property. |