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Most Popular Legal Definitions
promissory estoppel
A promise made that the contract will not be
enforced in whole or in part and which prevents subsequent proceedings to
enforce the contract against the person who relied on the promise.
stay of execution
an order that temporarily holds the execution of a court judgment; either
administered for a set time period or until further consideration by the
court
boilerplate
slang for provision in a contract, form or legal
pleading which are apparently routine; the term comes from an old method of
printing.
separation agreement
A private contract between separating spouses
resolving issues of joint, family, or marital property or assets, support and
child responsibilities.
seriatim
Latin for "one after another."
constructive trust
a trust which a court declares or imposes onto participants in very specific
circumstances such as those giving rise to an action for unjust enrichment, and
notwithstanding the lack of any willing settlor to declare the trust
redact
Removing text or images from an initial
document.
repeal
to remove or revoke; the redacting or obliteration of law by the introduction of
new law or the implied removal by additional statute
rider
A written amendment as to the coverage of an
existing life or health insurance policy.
moratorium
The temporary suspension of legal action against a person.