Search results for: “insurance fraud”
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Bona Fide
In good faith, honestly, without fraud, collusion or participation in wrongdoing. Real, actual, genuine and not feigned. The phrase is often used in the context of denoting a person who acquires property honestly, giving good consideration for the same and without any notice of the claim of […]
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Collateral
Situated, running side by side, parallel , co-ordinate, corresponding, additional to the obligations of a contract or the like. Also secondary , subordinate , related to main matter and consideration but not strictly a part thereof. See James Emp. credit union v Hawley, 87 N. […]
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Material Fact
The meaning of the term depends largely upon the context. In insurance law the suppression of a material fact by an insured at the time of entering into the contract of insurance will void the contract; in this context, a material fact is one the knowledge or ignorance of which would […]
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Omission
The non- performance of a duty required of a person with an awareness on his part that performance is required or needful. Also the failure to do what the law requires.
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Liable
Legal Definition and Related Resources of Liable Meaning of Liable Generally, means bound, responsible , answerable, chargeable, in law or in equity . The word liable is not a legal term and has no technical meaning. The exact meaning may vary […]
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Binder
The memorandum of an agreement for insurance intended to give temporary protection pending investigation of the risk and issuance of a formal policy. See Flester v Ohio Casualty Ins. Co., 307 A.2d663,269 Md. 544.
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Mutual
Legal Definition and Related Resources of Mutual Meaning of Mutual common to both parties . Intercha geable, reciprocal. Given and received, su. as a mutual engagement or relation . See Mistake Mutual […]
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Several
Legal Definition and Related Resources of Several Meaning of Several An obligation is said to be several when it is not joint and can be enforced independently of each other . where an obligation is several, that is, where more than one person […]
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Deception
nounartifice beguilement blind bluff camouflage charlatanry cheat chicane chicanery circumvention con counterfeit cozenage craft craftiness cunning <l…
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Loss
The term derives its meaning from the context in which it is used. Generally, denotes any deprivation , decrease in value , depreciation , liability actually incurred, the act of losing, or the thing lost, ruin, a bad or uncollectable debt, First Fed. Sav. & Loan Ass’n of Billings v […]
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Destroy
Undo or unbuild; ruin the structure, organic existence or condition of; demolish: ruin completely or to injure or mutilate beyond possibility of use, bring to naught by putting out of existence; anihilate; cause to vanish; abolish; nullify. See State by Clark v Wolkoff, 85 N. W.2d401,250 […]
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Between
Intervening time, space, position or state v Johnson, 275 So. 405.
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Benefit of inventory
Benefit of inventory Definition of Benefit of inventory Beneficium inventarii is a Latin phrase which literally means “benefit of the inventory.” It is a legal doctrine introduced into Roman law by Justinian I to limit the liability of heirs resulting from an insolvent estate. Beneficium inventarii applies to both wills and intestate successions in many…
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Popular Definitions A-Z
Popular Legal Definitions A-Z Welcome to the Legal Dictionary Browse thousands of legal terms and phrases selected by the Lawi Project editors and suggest new words for the largest law dictionary of the world. Dictionary Popular Legal Terms: A absolute divorce absolute estate accessory contract act actual damages actual fraud adjective law administrative law administrative…
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Object
The purpose, or end to be attained by an action or effort. To interpose a declaration in a legal proceeding to the effect that a particular matter is not consented to or a particular step or action taken by the other party to the proceedings is not proper or legal, by which […]