Search Dictionary


Terms:

Browse Alphabetically (A-Z)

A  |   B  |   C  |   D  |   E  |   F  |   G  |   H  |   I  |   J  |   K  |   L  |   M  |   N  |   O  |   P  |   Q  |   R  |   S  |   T  |   U  |   V  |   W  |   X  |   Y  |   Z  |  

Most Popular Legal Definitions

canon law

Laws and regulations over ecclesiastical matters developed between circa 1100 -1500 and used by the Roman Catholic Church in reference to personal morality, status and powers of the clergy, administration of the sacraments and church and personal discipline.

legalese

Language containing an excessive amount of legal terminology or of legal jargon.

matrimonial asset

An asset owned by one or both of two persons who are married to one another which, upon the application of one of the spouses to a court, is subject to division between 
them.

association

any group of people who have joined together for a particular purpose, ranging from social to business, and usually meant to be a continuing organization

kin

A blood or marriage relative; 'next of kin' refers to the closest relative

sublicense

The grant by a licensee of certain licensed rights to a third party.

book value

A determination of the value of a corporation's stock by adding up the stated value of corporate assets as shown on the books (records) of a corporation and deducting all the liabilities (debts) of the corporation. This may not be the true value of the corporation or its shares since the assets may be under- or over-valued.

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

defalcation

1. defaulting on a debt or other obligation such to account for public or trust funds; usually used in the context of public officials. 2. defalcation has another legal meaning referring to the setting-off of two debts owed between two people by the agreement to a new amount representing the balance

caveat emptor

Latin for "let the buyer beware." The basic premise that the buyer buys at his/her own risk and therefore should examine and test a product himself/herself for obvious defects and imperfections.