Legal Dictionary

Search results for: “insurance claim”

  • Documentary Credit

    Documentary Credit in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Documentary Credit, produced by Tetley, in the context of admiralty law: [Translation of Documentary Credit in French: “crédit […]

  • Money

    In strict technical sense, coined metal, usually gold or silver, upon which the government stamp has been impressed to indicate its value . The term is invariably used to denote any currency , tokens, bank notes or other circulating medium in general use as the representative of […]

  • Payment

    The transfer of money from one person to another with the assent of both parties . A transfer made without such assent will not constitute payment. The term also denotes the delivery to and the acceptance by a creditor of any other valuable thing in reduction or […]

  • Commercial Law

    Legal Definition and Related Resources of Commercial Law Meaning of Commercial Law Term which describes the law governing rights of those engaged in commerce and trade . The meaning of the term varies with its context. See Brooklyn City & Newton […]

  • Departure

    In pleading , a departure is said to exist where a party quits or departs from the case or defense which he has first made, and has recourse to another. warren v Powers, 5 Conn. 373. Where a departure relates to material averments the court is entitled to ignore the pleading that […]

  • Departure

    In pleading , a departure is said to exist where a party quits or departs from the case or defense which he has first made, and has recourse to another. warren v Powers, 5 Conn. 373. Where a departure relates to material averments the court is entitled to ignore the pleading that […]

  • Condition

    Legal Definition and Related Resources of Condition Meaning of Condition state or mode in which a person or thing exists. In real estate law, the term condition denotes any qualification , restriction or limitation annexed to a gift, and […]

  • Condition

    Legal Definition and Related Resources of Condition Meaning of Condition state or mode in which a person or thing exists. In real estate law, the term condition denotes any qualification , restriction or limitation annexed to a gift, and […]

  • 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 […]

  • Exchange

    A transfer of property for property or some value other than money . barter . Even where money changes hands, in addition to property, it would still be an exchange. A trade is an exchange. Also, the place where merchants, businessmen, brokers, agents, etc., voluntarily […]

  • American clause

    In marine insurance, a provision in a policy that, even if the insured procures additional insurance, the insurer will pay the full amount stipulated in his contract, without any right to claim contribution from any subsequent insurer….

  • Letter Of Undertaking

    Letter of Undertaking (Lou) in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Letter of Undertaking (Lou), produced by Tetley, in the context of admiralty law: [Translation of Letter of Undertaking in French: “lettre […]

  • Letter Of Undertaking

    Letter of Undertaking (Lou) in Maritime Law Note: There is more information on maritime/admiralty law here.The following is a definition of Letter of Undertaking (Lou), produced by Tetley, in the context of admiralty law: [Translation of Letter of Undertaking in French: “lettre […]

  • Abandonment

    Adoption Legal Definition of Abandonment Meaning of Abandonment Desertion of a child by a parent or adult primary caregiver with no provisions for continued childcare nor with any apparent intention to return to resume caregiving.Learn more […]

  • Total Loss

    Legal Definition and Related Resources of Total Loss Meaning of Total Loss In the context of insurance , the term denotes that the subject of the insurance has been destroyed to an extent that a reasonably prudent owner , uninsured, would not […]