Business contracts legal terms and definitions

Here is a business contracts terms and definitions glossary – essentially for UK, and a useful guide for anywhere else in the world. When you are involved in business contract negotiations – especially for your own business – you can achieve far better negotiated results if you have a good understanding of what contracts and … Read moreBusiness contracts legal terms and definitions

English Law Dictionary starting from page 736 to 738

Controlled Dangerous Substance: That group of legally designated drugs, which, by statute, it is illegal to possess or distribute. Criminal complaint: The initial written notice to a defendant that he/she is being charged with a public offense. Due Process of Law: The exercise of the powers of the government with the safeguards for the protection … Read moreEnglish Law Dictionary starting from page 736 to 738

English Law Dictionary starting from page 733 to 735

Testimony Evidence presented orally by witnesses during trials or before grand juries. Toll See statute of limitations. Tort A civil, not criminal, wrong. A negligent or intentional injury against a person or property, with the exception of breach of contract. Transcript A written, word-for-word record of what was said, either in a proceeding such as … Read moreEnglish Law Dictionary starting from page 733 to 735

English Law Dictionary starting from page 730 to 732

Procedure The rules for conducting a lawsuit; there are rules of civil procedure, criminal procedure, evidence, bankruptcy, and appellate procedure. Proof of claim A written statement describing the reason a debtor owes a creditor money, which typically sets forth the amount of money owed. (There is an official form for this purpose.) Property of the … Read moreEnglish Law Dictionary starting from page 730 to 732

English Law Dictionary starting from page 727 to 729

Per curiam Latin, meaning “for the court.” In appellate courts, often refers to an unsigned opinion. Peremptory challenge A district court may grant each side in a civil or criminal trial the right to exclude a certain number of prospective jurors without cause or giving a reason. Petit jury (or trial jury) A group of … Read moreEnglish Law Dictionary starting from page 727 to 729

English Law Dictionary starting from page 724 to 726

Liquidated claim A creditor’s claim for a fixed amount of money. Liquidation The sale of a debtor’s property with the proceeds to be used for the benefit of creditors. Litigation A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants. Magistrate judge A judicial officer of a district court who conducts … Read moreEnglish Law Dictionary starting from page 724 to 726

English Law Dictionary starting from page 721 to 723

Grand jury A body of 16-23 citizens who listen to evidence of criminal allegations, which is presented by the prosecutors, and determine whether there is probable cause to believe an individual committed an offense. See also indictment and U.S. attorney. Habeas corpus Latin, meaning “you have the body.” A writ of habeas corpus generally is … Read moreEnglish Law Dictionary starting from page 721 to 723

English Law Dictionary starting from page 718 to 720

Discharge A release of a debtor from personal liability for certain dischargeable debts. Notable exceptions to dischargeability are taxes and student loans. A discharge releases a debtor from personal liability for certain debts known as dischargeable debts and prevents the creditors owed those debts from taking any action against the debtor or the debtor’s property … Read moreEnglish Law Dictionary starting from page 718 to 720

Translate »