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

Category: L

Listed User

Members of the same household who do not drive an insured vehicle.

Lapsed Coverage

When an insurance policy is terminated or cancelled, and a replacement policy has not been obtained.

LINEAL DESCENT

the term applied to direct line such as grandfather, son, grandson and is important when a person dies without leaving a will.

LETTER ROGATORY

the term given to a request from the court trying a case to another court in a different state or country that asks them to take testimony from a witness residing there.

LIFE OR LIMB

an expression that means a person will not ne placed in jeopardy that is a danger to life or limb.

LEVERAGED BUYOUT

term that explains the buying out of a company by using borrowed m money.

LEGAL DETRIMENT

This occurs when a person who has been made a promise alters his position so he now assumes liability.

LETTER OF THE LAW

an expression that is used to denote the strict interpretation of an ordinance, law or regulation.

LAW OF NATURE

These are the terms that are applied to the laws that are based on the nature of man. See natural law.

LAND GRANT

The term that is given to a grant of land that is owned by the federal government to an educational institution, or other purpose to serve the public.

LACEY ACT

the name of a federal statute that enforces game laws.

LEGACY LAPSED

This ism the term that is given to the situation where a legatee dies before the person who made the will.

LIBERTINE

a term applied to a person who is unrestrained morally and sexually.

LIFE FETAL

a phrase that means life before birth where the foetus is in its 5th or 6th month and is possible to live after birth.

LEGAL MALICE

the term used to describe the intentional performance to do a wrongful act. There is constructive malice, malice in law.

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