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 plan that provides for a retirement benefit by the employee buying a stake in the corporation.
This concerns the operation of laws outside the boundary of a state or country.
This a case where the defendant has done no wrong but injuries and damages have been the result of an action.
A motion that is made in a court with no notice being given to the party opposing.
This the sale that is conducted by the sheriff or other public officer to sell property that has been seized b y him.
This term applies to the foetus before it is born.
an obligation that is based on a future condition that may or may not result in a debt.
a term where a person will not be served a summons or a subpoenas while he is performing a public duty.
This puts into effect a judgement or a decree of a court.
This term applies to the questioning and interrogation of a witness where the witness is under oath in court.
This occurs when a judgement isn’t out and the process is begun to seize any property of a defendant to pay his debt.
This phrase means a proper or a pure easement that passes to new owner by inheritance or purchase.
the principle that states that you should do everything possible in order to correct the situation before seeking help from a court.
This occurs when a case is heard by the right jurisdiction but the judge then exceeds his jurisdiction when giving judgement.
the term for a motion that is not an ordinary one and that does not occur very often.
the name given to a sentence that is longer than the time this is fixed by a law.
an endorsement where the person endorsing attaches a condition to his liability.
This term applies to an offense that is committed and does not bear on the current trial.
The name given to the freedom a child gets when his parents allow him to leave home. Cf., What Does Emancipation Mean?
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