The Law Dictionary

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

Category: F

FIXED ASSETS

These are the assets and resources needed to operate a business.

FEDERAL COMMON LAW

a group of laws established by the federal courts that is not influenced by laws and decisions of state courts.

FAIR USE

This term applies to the legal using of material that is copyrighted and no payment of royalties is required.

FREQUENTER

the term given to a person who visits a place on a regular basis. He is not a trespasser.

FIRST CONVICTION

the conviction taken into consideration when a habitual criminal is sentenced for a subsequent event.

FREE SHAREHOLDERS

These are the people owning stock in a building and loan association that are not borrowers.

FEDERAL STATUTE

This term is applied to a national law that has been enacted by Congress.

FAIR PERSUASION

a term used to try to convince a person of something before resorting to threats of bodily harm or loss economically.

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