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Most Popular Legal Definitions

passport

an official document issued by a citizen's respective country used to show citizenship and provide other pertinent information 

private law

Law which regulates the relationships between individuals. Family, commercial, and labor law are examples of private law because the focus is on the relationships between corporations and relationships between individuals.

carryback

In taxation accounting, using a current tax year's deductions, business losses or credits to re-figure and amend a previously filed tax return to reduce tax liability.

negotiate

To communicate on a matter of disagreement between two parties, with a view to first listen to the other party's perspective and to then attempt to arrive at a resolution by consensus.

pardon

A government decision to allow a person who has been convicted of a crime to be free and absolved of that conviction, as if never convicted.

abuse of process

The use of legal process by illegal, malicious, or perverted means; for example, serving a complaint that was not actually filed just to intimidate someone, or filing a lawsuit that has no basis in law.

open-ended agreement

An agreement or contract which does not have an ending date but will continue for as long as certain conditions exist.

nugatory

Of no force or effect; invalid.

pauper's oath

An affidavit of indigence.

usury

A rate of interest on a debt which is in excess of the percentage allowed by law. Each state sets its own maximum interest rate.