COLLATERAL POWER
the right to dispose of property that is given to a person with no interest in the said property. Also called naked power.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
the right to dispose of property that is given to a person with no interest in the said property. Also called naked power.
a signed document that instructs the bank or financial institution to pay the sum of money stated to the person or organisation whose name is on the cheque.
Latin for a person who files an objection such a to that of a will.
This term applies to a swindle where the swindler gains the confidence of the person he is trying to swindle.
Latin term meaning against all of the people.
an opinion that is based on a study, reason or thought.
the education that a parent must see that his child must receive to the age of 16.
This term refers to real estate transactions and the deal is closed when the final agreement has been reached and the deed changes hands.
the net value that is left after all payments of debts and obligations are satisfied.
This means taking place at the same time as another occurrence.
the official written documentation of what happened during a trial or a hearing.
This term applies to merchandise that will be paid for at the time that it is delivered.
the name given to a group of people who have come together to achieve a common goal.
The term that is given to a statement that contradicts itself.
These are the methods of the law that apply to the apprehension, trial and punishment of the accused.
the term given to describe the costs involved when prosecuting a suit.
a document that is issued by an official to the successful bidder at a tax sale that gives the bidder the deed on conformation of the sale.
The term given to a person who refuses to join an armed force because of their training and religious beliefs.
the settlement of taxes that is between the taxpayer and the government agency charged with collecting the taxes.
the act of legislature that creates a corporation and sets forth its franchise that defines the organisation of a corporation.
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