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

Category: L

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.

LAND WARRANT

the name that is given to a guarantee that is issued by the federal government land office to the purchasers of public land.

LAW SCHOOL

the term given to the learning establishment where people study to be attorneys.

LEGAL INSANITY

the term given to the mental illness and incapacity to a person to a degree that that the law will recognise the person to be insane.

LETTER RULING

a term used for the statement from a tax official to a tax payer giving the interpretation of tax laws.

LAW ENFORCEMENT OFFICERS

the term that is given tom the people who are responsible for keeping the peace such as sheriffs and the police.

LEGACY TRUST

the name that is given to a legacy to a trustee to be held in trust and the income earned will go to the beneficiaries.

LISTED STOCK

the term used for stock that is traded on a stock exchange such as NASDAQ.

LIFE INTEREST

the term given to the interest in property that lasts for a person’s life time.

LIMITED AUTHORITY

the term applied to the authority and power that is restricted to certain duties and functions.

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