Search results for: “covered transaction”
-
Warranty
Legal Definition and Related Resources of Warranty Meaning of Warranty An undertaking to indemnify or make good the party assured against some possible default or defect in the contemplation of the parties. The term is frequently used […]
-
Writing
Legal Definition and Related Resources of Writing Meaning of Writing In the most general sense, the term denotes a document, whether manuscript or printed, as opposed to mere spoken words. Writing […]
-
Third Party
A person who is not a party to the transaction or proceeding in question. In practise, third party procedure is resorted to by a defendant against a person who is not a party to the action in circumstances where the defendant claims (a) contribution from such third party in respect of […]
-
Bills Of Lading
Bills of Lading & Related Documents in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Bills of Lading & Related Documents, produced by Tetley, in the context of admiralty law: a) Bill of lading [Translation of Bills of Lading […]
-
Deposit
In contracts for sale, particularly the sale of land, it is that part of the purchase price prepaid by way of security when the contract is entered into. If the contract is completed, then the deposit is applied against the purchase money . But its primary purpose is that it is a […]
-
Deposit
In contracts for sale, particularly the sale of land, it is that part of the purchase price prepaid by way of security when the contract is entered into. If the contract is completed, then the deposit is applied against the purchase money . But its primary purpose is that it is a […]
-
Set-off
The discharge or reduction of one demand by an opposite one or the right one party has against another to use his claim in full or partial satisfaction of what he owes to the other . See Studley v Boylston Nat. Bank, 229 U.S. 523, 33 S. Ct. 806, 57 L. Ed. 1313. It is…
-
Illegal
Legal Definition and Related Resources of Illegal Meaning of Illegal Forbidden by law; contrary to law; unlawful . Illegal Alternative Definition Contrary to law. Not ssTionymous with unlawful (q. […]
-
A
Legal Definition and Related Resources of A Meaning of A In Latin Phrases. A preposition, denoting from, by, in, on, of, at.In French Phrases. A preposition, denoting of, at, to, for, in, with.In Citation of Reported Decisions.Used for […]
-
Conveyancing
A term including both the science and act of transferring titles to real estate from one man to another. It includes the examination of the title of the alienor, and also the preparation of the instruments of transfer. It is, in England and Scotland, and, to a greatly inferior extent, in […]