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Most Popular Legal Definitions

legal aid

No-cost legal services to economically disfavored litigants.

intellectual property

As a type of property, intellectual property has the unique characteristic of being ethereal, of the mind, as opposed to real property, which is tangible.

fungibles

Goods which are comprised of many identical parts, such as a bushel of grain, and which can be easily replaced by identical goods.

preferred shares

A share in a company that has some kind of special right or privilege attached to it.

bondsman

1) someone who sells bail bonds 2) a surety (guarantor or insurance company, who/which provides bonds for performance

bona fide

 Latin for "good faith," it signifies honesty, for example, "The defendant made a bona fide attempt to arrive in court on time"

lender

individual or business that grants loans to others

notice

1) Information, usually in writing in all legal proceedings, of all documents filed, decisions, requests, motions, petitions, and upcoming dates. 2) A writing informing a party to a contract, promissory note, lease, rental agreement or other legal relationship of a delinquency in payment, default, intent to foreclose. 3) information. 4) being informed of a fact, or should have known based on the circumstances, as "he had notice that the roof was not water-tight."

misrepresentation

A false and material statement which induces a party to enter into a contract

jus ex injuria non oritur

Latin, a legal right or entitlement cannot arise from an unlawful act or omission.