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Most Popular Legal Definitions
maturity
The date when the payment of the principal amount owed becomes due.
affirmative action
The process of a business or governmental agency
in which it gives special rights of hiring or advancement to ethnic
minorities
arraignment
the hearing in which a person is presented with the charges against them, given
an opportunity to enter a plea, determined whether they have a lawyer, and if
necessary set the bail amount and future appearances
benefit
1) any profit or acquired right or privilege, primarily through a contract 2) in
worker's compensation the term "benefit" is the insurance payment resulting from
a fatal accident on the job, while "compensation" is for injury without death 3)
In income taxation, anything that brings economic gain
nunc pro tunc
Latin, deemed retroactive.
waiver
An intentional relinquishment or abandonment of
a known right or privilege.
audit
examination by a trained accountant of the financial records of a business or
governmental entity, including; noting improper or careless practices,
recommendations for improvements, and a balancing of the books.
supplemental
referring to anything that is added to complete
something.
district court
the location, pertaining to a specific legal
district, where federal cases are initially heard
landlord
A land or building owner who has leased the land or building to another person.