American Civil Liberties Union
membership organization founded in 1920 to protect and defend "the rights of man
set forth in the Declaration of Independence and the Constitution"
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.
Amicus Curiae
Latin for "friend of the court," a party or an organization in an issue which
files a brief or participates in the argument in a case in which the party or
organization is not one of the litigants, for example; the ACLU often files
briefs on behalf of a party who contends their constitutional rights have been
violated
Amnesty
blanket abolition of an offense by the government, resulting in the removal of
charges or convictions
Amortalization
periodic payment plan to pay a debt in which the interest and a portion of the
principal are included in each payment by an established mathematical formula;
by figuring the interest on the declining principal and the number of years of
the loan, the monthly payments are averaged and determined; since the main
portion of the early payments is interest, the principal does not decline
rapidly until the latter stages of the loan term; if the amortization leaves a
principal balance at the close of the time for repayment, this final lump sum is
called a "balloon" payment
Ancillary Administration
administration of an estate's assets in another
state, example; if J. Doe dies in Montana and leaves a parcel of land in
downtown Columbus, Ohio there must be ancillary administration in Ohio to obtain
court approval and tax agency clearance; ancillary means "aiding" or
"subordinate"
Ancillary Jurisdiction
term used in federal courts when the court decides matters not normally under
federal jurisdiction so that it can give a judgment on the entire controversy,
the main issue at hand is a federal matter which it is authorized by law to
determine
And
the word is important in law, particularly when compared to or; most commonly it
determines if one or both owners have to sign documents
Annuity
1) an annual sum paid from a policy or gift 2)
short for a purchased annuity policy which will pay dividends to the owner
regularly for years or for life
Annul
to reduce or to be made void