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Most Popular Legal Definitions
savings and loan
A banking and lending institution, chartered either by a state or the federal
government. Savings and loans only make loans secured by real property from
deposits.
general counsel
The senior lawyer of a corporation.
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.
custody
charge and control of a person or item of
property
boiler room
a telephone bank operation in which fast-talking telemarketers or campaigners
attempt to sell stock, services, goods, or candidates and act as if they are
calling from an established company or brokerage; often the telemarketers are
totally fraudulent and in violation of security laws
quistclose trust
A trust which arises to the benefit of the donor
when property is advanced for a specific purpose and that purpose
fails.
grievance
A claim by a union or unionized employee that a collective bargaining agreement
has been breached.
sublease
The subsequent lease of property that is itself leased; with the primary tenant
retaining an interest in the original lease.
jactitation
A false boast or claim that does harm or injury
to another.
supplemental
referring to anything that is added to complete
something.