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Most Popular Legal Definitions
adverse interest
right or concern that is contrary to the interest or claim of another
endorsement
The signature or instructions placed on the
reverse of a commercial document, for the purpose of assigning the interest
therein to another
precatory words
Words that express a wish or a desire rather
than a clear command.
acknowledge
1) to admit or concede 2) a notary public or other officer (such as a county
clerk) verifying an individual's completion of a document, such as for the power
of attorney, to make it certified as legal and suitable for recording
in camera
A closed and private session of court.
beach bum trust provision
requirement in a trust that a beneficiary can only receive profit from the trust
equal to the amount they earn; this provision is intended to encourage the
beneficiary to work, and not just lie around the beach and live off the trust
contempt of court
conduct that is disobedient, obstructive or contemptuous to the Court
American Depository Receipt
called an ADR in the banking trade, it is a receipt issued by American banks to
Americans as a substitute for actual ownership of shares or foreign stocks.
unfair competition
Wrongful and/or fraudulent business methods to
gain and unfair advantage.
approach the witness
a request by an attorney to the judge for
permission to go up to a witness on the witness stand to show the witness a
document or exhibit