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AWARENESS

How well a brand or company is knows. A target is set to increase sales.

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AWAY FROM THE MARKET

A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it is specifically identified as an ALLORNONE ORDER (i.e., FILL OR KILL).

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AWAY FROM THE MARKET ORDER

When a buy order is lower and the sell order is higher than the current market value.

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AWAY-GOING CROP

A crop sown before the expiration of a tenancy, which cannot ripen until after its expiration, to which, however, the tenant is entitled. Broom, Max. 412.

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AWM

In old English statutes. A measure of wine, or vessel containing forty gallons.

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AXIOM

In logic. A self-evident truth; an indisputable truth.

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AXONOMETRIC PROJECTION

1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines are parallel so perspective is not considered.

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AYANT CAUSE

In French law. This term signifies one to whom a right has been assigned, either by will, gift, sale, exchange, or the like; an assignee. An ayant cause differs from an heir who acquires the right by inheritance. 8 Toullier, n. 245. The term Is used in Louisiana.

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AYLE

See AIEL.

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AYRE

In old Scotch law. Eyre; a circuit, eyre, or iter.

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AYUNTAMIENTO

In Spanish law. A congress of persons; the municipal councl' of a city or town. 1 White, Coll. 416; Friedman v. Goodwin, 9 Fed. Cas. 818.

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AZURE

A term used in heraldry, signifying blue.

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Why Ab Initio Is a Big Deal in Contract Law

Written by Christi Hayes and Fact Checked by The Law Dictionary Staff  



Why Ab Initio Is a Big Deal in Contract Law   The phrase ab initio comes from the Latin and literally means "from the start" or "from the beginning." Such a definition may sound fairly innocuous, but the truth is that this little phrase has a big impact on legal decisions. From striking down bad […]

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