Search results for: “european union law part 24”
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Bank
Legal Definition and Related Resources of Bank Meaning of Bank An association or corporation whose business it is to receive money on deposit , cash checks or drafts, discount commercial papers, make loans and issue promissory notes payable to […]
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Merger
Legal Definition and Related Resources of Merger Meaning of Merger In relation to corporations, the term denotes the amalgamation of two corporations to form a new one. The absorption of one corporation by another, which retains its name and […]
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Easement
Legal Definition and Related Resources of Easement Meaning of Easement A right of the owner of one parcel of land, by reason of such ownership, to use the land of another for a special purpose not inconsistent with the general property in the […]
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Transitory Action
An action founded on a transaction that took place not necessarily within the jurisdiction of the court or where it has no locality in the contemplation of law. See Masci v Young, 109 N.J.L. 453, 162 A. 623. The term is used in the context of jurisdiction of courts, to […]
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Novation
The renewal or remaking of an existing obligation with the express or implied assent of the obligee. A mutual agreement among all parties for discharge of a valid existing obligation by substitution of a new valid obligation by a debtor or another. See Edward Petry & Co. v […]
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Consolidation
In Civil Law. The union of the usufruct with the estate out of which it issues, in the same person, which happens when the usufructuary acquires the estate, or vice versa. In either case the usufruct is extinct. Lee. Elm. 424. It may take place in two ways: First, by the usufructuary […]
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Name
The discriminative appellation of an individual, a firm, corporation or thing. A word or words used to distinguish a person or thing or class from others. See W.B. Mfg. Co. v Rubenstein, 236 Mass. 215,128 N.E. 21.