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Most Popular Legal Definitions
bailiff
1) a court official, usually a deputy sheriff, who keeps order in the courtroom
and handles various errands for the judge and clerk 2) in some jurisdictions, a
person appointed by the court to handle the affairs of an incompetent person
vassal
an individual who submits to serve another usually for a return; a dependent;
servant
delegatus non potest delegare
Latin, 'a delegate cannot delegate'
redemption
Buying back.
indigent
A poor person; not penniless, but in need and who has no financial support
whatsoever.
capital stock
The original amount paid by investors into a corporation for its issued stock.
Capital stock also does not reflect the value of corporate assets, which can go
up or down based on profits, losses, or purchases of equipment. Capital stock
remains as a ledger entry at the original price.
succession
The statutory rules of inheritance of a dead
person's estate when the property is not given by the terms of a will, also
called laws of "descent and distribution."
copyright
the exclusive right to produce or reproduce (copy), to perform in public or to
publish an original literary or artistic work, pursuant to a statute usually
called the Copyright Act, or some similar name
severance pay
An amount of money an employer owes to an
employee in lieu of notice, in exchange for the employee's agreement to sever an
employment contract forthwith.
capital offense
any criminal charge which is punishable by the death penalty, called "capital"
since the defendant could lose his/her head (Latin for caput); crimes punishable
by death vary from state to state and country to country.