Earned Premium
If an insured person pays for a policy in advance, the “earned” premium is the portion of the policy that has already been used.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
If an insured person pays for a policy in advance, the “earned” premium is the portion of the policy that has already been used.
a bar that will renounce or renege that facts that have already been agreed to in a contract.
the principle that states that you should do everything possible in order to correct the situation before seeking help from a court.
a Latin phrase that means a claim has arisen from the breaking of a law.
the abbreviation for a proposed amendment, Equal Rights Amendment to the US Constitution.
the term used to describe the wilful and premeditated determination to bring about harm to another.
the objection to the plaintiff’s suit that is based on having no legal validity to a claim.
1. a homicide that is committed in self-defence. 2. An accidental homicide. See homicide, justifiable; justifiable homicide.
a law that states after being missing for a certain number of years a person is declared dead. See legally dead; presumption of death.
an exception that will take back or withdraw from a deed something that has already been granted.
a clause in a contract or a lease that is made during a time of government price control regulations.
This term is used to lengthen the time given to m et an obligation.
a term in an insurance policy that requires proof of the circumstances that surround an accident.
a provision in a contract that will restrict the actions a party can take when the other person fails to fulfil the contract.
a Latin phrase for the writ brought before court contends that the judgement be set aside due to an error of fact.
an obligation that is based on a future condition that may or may not result in a debt.
used to calculate income tax and is the expenses that are able to be deducted.
the error made when a court gives a judgement or verdict and doesn’t know of a fact.
These are the facts needed to prove a matter that is at issue.
This phrase means a proper or a pure easement that passes to new owner by inheritance or purchase.
This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.