The Law Dictionary

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

Category: I

INSURANCE TRUST

the agreement between a trustee and the insured person where the proceeds from a life policy are paid to the trustee.

INABILITY TO TESTIFY

These means that a person is unable to appear in court due to a mental or a physical illness.

ILLEGAL ENTRY

This term is used when a foreigner enters the country without the approval of the immigration authorities.

INSURANCE TERM

This the term given to insurance that is limited to a period of time,.

INOPERATIVE DEED

the name given to a deed that is not effective in transferring the title to property.

INTESTATE LAWS

These are the laws and statutes that are applied when a person dies and he has not left a will.

INTERMINGLING

a phrase that refers to mixing together a quantity of goods so a person can’t distinguish his from the others.

ITEMIZE

the term used to describe the recording of each item individually.

IMPLIED WAIVER

a waiver that is assumed to be in effect from a person’s behaviour and shows he is waiving a right.

INCENTIVE COMPENSATION

This term applies to payments in excess of agreed wages, a bonus and profit sharing as an incentive for a good performance.

INSPECTION OF DOCUMENTS

a right given to parties in a law suit to examine the documents and materials that are pertinent to the case.

INTERESTED PERSON

the term given to a concerned person or a person with a share in something.

INTEREST SUIT

the term given to a law suit that is between 2 people that are interested in the same estate.

INSECURITY CLAUSE

the name given to a clause in a contract that allows the creditor to force the debtor to make the full payment.

IMPLIED ASSENT

applied to the assent that is agreed to but has not been stated expressly.

INTER SE

a Latin phrase that means between or among themselves.

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