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Most Popular Legal Definitions
sick leave
Time off from work, paid or unpaid, on account of an employee's temporary
inability to perform duties because of sickness or disability.
par value shares
Shares issued by a company which have a minimum
price.
fascism
A form of government which is authoritarian and oppressively conservative, who
believes in the supremacy of the stated national group.
in pari delicto
Latin for 'both parties are at fault.'
assault and battery
the combination of the two crimes of threat
(assault) and actual physical battery
ways and means
committee found in the US house of representatives and some states that
determines many--if not all--aspects of funding and fiscal decision-making
joint tenancy
When two or more people are equal owners of a property
usury
A rate of interest on a debt which is in excess of the percentage allowed by
law. Each state sets its own maximum interest rate.
sui juris
from Latin meaning "of one's own right," is meant to indicate the ability for an
individual to claim full legal right and not under the authority of another, as
is the case with a minor
general average
A principle of maritime law where in the event of emergency, if cargo is
jettisoned, the loss is shared proportionately by all parties with a financial
interest in the voyage.