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Most Popular Legal Definitions
dissolution
The act of ending, terminating or winding-up a
company or state of affairs.
transferee
A person who receives property being
transferred.
money laundering
the process of legitimizing illegal money without paying applicable taxes
mediation
A neutral facilitator who assists the parties to a dispute in communicating and
negotiating a settlement.
name
A unique combination of a given and a surname, assigned to an individual,
generally at birth, and used to distinguish that individual both socially and in
regards to the assertion or defense of legal rights.
unilateral contract
An agreement to pay in exchange for performance,
if the potential performer chooses to act.
occupancy
the act of holding or taking possession
perpetuity
The state of being endless and forever.
accrue
1) growing or adding to, such as interest on a debt or investment which
continues to accumulate 2) the manifestation of the right to bring forth a
lawsuit, for example; the right to sue on a contract only accrues when the
contract is breached.
public law
Laws which regulate the structure and administration of the government, the
conduct of the government in its relations with its citizens, the
responsibilities of government employees and the relationships with foreign
governments.