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Most Popular Legal Definitions
age discrimination
employer's unfair treatment of a current or
potential employee up to the age of 70; illegal under the Age Discrimination
Unemployment Act (1967)
arson
felony crime of intentionally burning a house or other building; the
perpetrators range from mentally ill pyromaniacs to store owners just hoping to
get insurance proceeds.
foreclosure
To eliminate a right of redemption on mortgaged
real property.
riot
Three or more persons who assemble and advance a purpose together, using force
if necessary, and raising alarm of a reasonable person.
guardian
An individual who, by legal document, is given custody of both the property and
the person of one who is unable to manage their own affairs, such as a child or
mentally-disabled person.
money
An item accepted by all as payment for debts or for goods or services.
license
A special permission given to do something on, or with, somebody's property.
charter
1) the act of an established body giving sanction or bestowing rights on an
individual or party, usually in writing 2) an enumerated privilege
shareholder agreement
A contract between the shareholders of a company
and the company itself, in which certain thing which would otherwise be the
purview of the board of directors, are predetermined.
life estate
A right to use and enjoy land only for the life of the life tenant.