COST OF RISK
The implicit or explicit price a company must pay to manage its RISK exposures; it is typically comprised of the expected costs and direct and indirect losses arising from RISK RETENTION, LOSS
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
The implicit or explicit price a company must pay to manage its RISK exposures; it is typically comprised of the expected costs and direct and indirect losses arising from RISK RETENTION, LOSS
A single COLLATERAL agreement that covers multiple LOANS or credit facilities. Also known as DRAGNET CLAUSE. See also POOLED PORTFOLIO COLLATERAL, TRANSACTIONSPECIFIC COLLATERAL.
The RISK of loss arising from a change in the shape of the YIELD CURVE (i.e., the TERM STRUCTURE of INTEREST RATES). Although curve risk is generally associated with interest rates, it
The time needed to do one cycle or complete a function from start to finish. It is used to compare total run time to total time of a process.
A coin of the United States, the least in value of those now minted. It is the one-hundreth part of a dollar. Its weight is 72 gr., and it is composed of
In old English law. A payment to provide candles in the church. Blount
In Scotch practice. This is the assurance given to a party of the course to be followed In case he does not appear or obey the order of the court CERTIFICATION OF
In Roman law. Cession of goods. A surrender, relinquishment, or assignment of all his property and effects made by an insolvent debtor for the benefit of his creditors. The effect of this
A term applied metaphorically to the series of conveyances, or other forms of alienation, affecting a particular parcel of land, arranged consecutively, from the government or original source of title down to
In old English law. Change, or exchange. Bract, fols. 117, 118
in England, is an officer who seals the commissions and the mandates of the chapter and assembly of the knights, keeps the register of their proceedings, and delivers their acts under the
The aggregate of the moral qualities which belong to and distinguish an individual person ; the general result of the-one’s distinguishing attributes. That moral predisposition or habit, or aggregate of ethical qualities,
In old English law. A common or mutual charter or deed; one containing mutual covenants, or involving mutuality of obligation; one to which both parties might have occasion to refer, to establish
A ‘ship hired or freighted; a ship which is the subject-matter of a charter-party.
Swindling; defrauding. “Deceitful practices in defrauding or endeavoring to defraud another of his known right, by some willful device, contrary to the plain rules of common honesty.” Hawk. P. C. b. 2,
A homestead or homesfall which is accessory to a house
Offspring; progeny. Legitimate offspring; children born in wedlock. Bell v. Phyn, 7 Ves. 458. The general rule is that “children,” in a bequest or devise, means legitimate children. Under a devise or
A word mentioned in 9 Hen. VI. c. 65, by the sense of which it was in those days a kind of trade, and by the judges declared to be lawful. But
In medical jurisprudence. A scar; the mark left in the flesh or skin after the healing of a wound, and having the appearance of a seam or of a ridge of flesh
Evidence directed to the attending circumstances ; evidence which inferentially proves the principal fact by establishing a condition of surrounding and limiting circumstances, whose existence is a premise from which the existence