Par Value Shares

Shares issued by a company which have a minimum price.

Paralegal

A person who is not a lawyer but provides a limited number of legal services.

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.

Parens Patriae

Latin, inherent jurisdiction of the courts to make decisions concerning people who are not able to take care of themselves.

Pari Delicto

Latin, of equal fault.

Parol Evidence Rule

Verbal evidence is inadmissible to vary or contradict the terms of a written agreement.

Parole

The early release from incarceration in which the prisoner promises to heed certain conditions.

Parricide

Killing one's father.

Partition

1) the act of dividing or parting 2) the dividing of interests, either by agreement or enforced by law, often referring to real estate

Passport

an official document issued by a citizen's respective country used to show citizenship and provide other pertinent information