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Most Popular Legal Definitions

collusion

secretive agreement between two or more persons, who seem to have conflicting interests, to abuse the law or the legal system, deceive a court or to defraud a third party

remanet

In law, a case for trial which can not be tried during the term; a postponed case.

Yellow Dog Contract

A name given in American labor law to contract of employment by which the employee promises not to join a union or agrees to forfeit employment if he/she joins a union during the period of employment.

arrest

1) to take or hold a suspected criminal with legal authority, as by a law enforcement office 2) To delay the enforcement of a judgment by a judge while errors in the record are corrected

money laundering

the process of legitimizing illegal money without paying applicable taxes

precedent

A case which establishes legal principles to a certain set of facts.

resolution

The formal decision of an organization. A motion which has obtained the necessary majority vote in favor.

assess

set a value on property

conspiracy

an agreement between two or more persons to commit a criminal act

capital stock

The original amount paid by investors into a corporation for its issued stock. Capital stock also does not reflect the value of corporate assets, which can go up or down based on profits, losses, or purchases of equipment. Capital stock remains as a ledger entry at the original price.