JUDGE DE FACTO
the name that is given to a judge who is serving from the result of a legitimate appointment or election.
Search Results for: de facto
DE FACTO GOVERNMENT
This term is applied to a government that has not been elected to the laws of the country.
DE FACTO CORPORATION
A firm that isn’t de jure corporation. It can be treated as such due to promoters that attempt to incorporate.
DE FACTO DIRECTOR
A party that is not a de jure director but performs their duties. They are a director in law.A director that is not technically a director. They have the rights of the
DE FACTO MERGER
A transaction that is not on a merger but can effect acquisition of a firm asset or stock. It is a statutory merger for appraisal, voting rights, and other matters.
DE FACTO STANDARD
A standard that is accepted but is not defined by the industry groups and their organizations.
DE FACTO DOMICILE
In French law, permanent and fixed residence in France of an alienwho has not acquired French citizenship nor taken steps to do so, but who intends tomake his home permanently or indefinitely
DE FACTO COURT
One established, organized, and exercising its judicial functions under authority of a statute apparently valid, though such statute may be in fact unconstitutional and may be afterwards so adjudged; or a court
DE FACTO
In fact, in deed, actually. This phrase is used to characterize an officer, a government, a past action, or a state of affairs which exists actually and must be accepted for all
DE FACTO CONTRACT
One which has purported to pass the property from the owner to another. Bank v. IjOgan, 74 N. Y. 575; Edmunds v. Transp. Co., 135 Mass. 283.
ONE-FACTOR INTEREST RATE MODELS
A yield curve of interest generated only using one source. Not reliable.
LOSS DEVELOPMENT FACTOR
Claims reported late give the insurer extra money due to this factor introduced to permit development of losses and reimbursement.
TWOFACTOR INTEREST RATE MODEL
When an interest rate is decided by creating a yield curve for the long and short term. It is a more precise way to choose the best rate.
FACTORY BURDEN
The cost of keeping an operating plant open.
FACTORY ORDERS
A report about durable and nondurable goods. It includes changes in demand and inventory. It takes two weeks to get the information out there so the market has already had time to
DEGRADATION FACTOR
The amount multiplied by mean time between failures of a part to get the operational MTBF.
DEBT FACTORING
Selling invoices to a third party. They must process the invoices and get loans based on payments of the invoices.
DECAY FACTOR
When an ad loses its effectiveness over time.
DEMOGRAPHIC FACTORS
Characteristics assigned to age, sex, education, income, marital status, job, religion, birth rate, death rate, family size, and marriage age. It is done to every member of the population. TLD Example: Many retailers
AESTIMATIO PRAETERITI DELICTI EX POST- REMO FACTO NUNQUAM CRESCIT
The weight of a past offense is never increased by a subsequent fact. Bacon.
