Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: A

ADHOCRACY

The style of an organization that is flexible and can respond to change better. Refer to adhocism.

ADSORPTION

How any non solid substance attaches to a solid substance but does not penetrate it fully.

ADVERSE POSSESSION

When a party claims ownership of a propety they have been in for more than 12 years. It can also be claimed on abandoned property or it can go unchallenged by the

AGENCY BY NECESSITY

When one party makes decisions for another. It is because the other party cannot make the decisions.

AGENDA

The order of items discussed in a meeting. The topics must be listed, past knowledge must be heard, and the outcome must be guessed.

AGING

The slow process that changes physical agencies for either the better or the worse.

AIR SPACE

1. space above property included in the properties title. Refer to air rights. 2. the space above any state that is under its jurisdiction.

ALIASING

When the analg to digital conversion is too slow and causes data distortion. It can be a sound flutter or video that has jagged edges. A filter or super sampling can prevent

ALL OTHER LIKE PERILS

Insurance that covers all possible risks even ones not named in a policy. Aka all other perils and misfortunes.

ALONGSIDE

In shipping its the side of the ship the inventory is placed on. Items are placed within crane reach or on the dock.

AMBIT CLAIM

When an arbitrage authority considered a claim to be exaggerated. A compromise will be made.

AMORTIZATION SCHEDULE

A chart illustrating monthly payment breakdowns. Interest, principal, and declining principal over the life of a loan.

ANCHORING BIAS

Basing judgment on a situation that has nothing to do with the current issue.

ANTILAPSE STATUTE

A rule that is used when heirs can take ownership based on what they were told when a will is not made. This rule makes sure that the property gets to who

APACHE

An open source or public web software that is improved continually by volunteer programers. Its the most popular software and works with linux, unix, and windows.

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