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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.