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Most Popular Legal Definitions

quistclose trust

A trust which arises to the benefit of the donor when property is advanced for a specific purpose and that purpose fails.

binder

written statement of the key terms of an agreement, in particular insurance policies, so that the insured as well as lenders can be assured there is valid and adequate insurance coverage.

adultery

consensual sexual relations when one of the participants is legally married to another; still a crime in some states and in many states it is grounds for divorce for the spouse of the adulterer

respite

an agreement between a debtor and creditor that grants an individual time to satisfy debts due to a momentary inability to pay

barrister

in the United States, a fancy name for a lawyer or attorney; in Great Britain, there is a two-tier bar made up of solicitors, who perform all legal tasks except appearance in court, and barristers, who try cases

third-party beneficiary

A person who is not a party to a contract but has legal rights

specific deterrence

Deterrence, as an objective of sentencing, which is fit to a particular offender.

young offender

Young persons in many states are treated differently than adult criminals and are generally tried in special youth courts.

transcript

An official direct and verbatim written record of what was said, as in a court of law or other judicial proceedings.

council

a formal group of experts brought together on a regular basis to debate matters within that sphere of expertise, and with advisory powers to government