The Law Dictionary

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

Category: M

Multi-Car Discount

A premium discount offered by some insurance companies if the policyholder insures more than one vehicle with them.

Monetary Threshold

An amount set by the no-fault laws in some states that must be met before a lawsuit for damages may be commenced against an at-fault driver in an accident.

MATCHED ORDERS

the term given to the buy and sell orders that make a wash sale.

MORTGAGE GENERAL

the term given to a general mortgage that covers all of a debtor’s property.

MANN ACT

Federal law that makes it unlawful to transport a woman across state or country borders for immoral acts. Also called the White Slave Traffic Act.

MOTION IN ERROR

term that describes a motion to review the decision of a court to see if an error was made. See writ of error.

MUTUAL ACCOUNT

the term given to an account where the transactions are between 2 people u til a time when debts and credits are balanced.

MEDICOLEGAL

the term that describes cases concerning law and medicine.

MISBRANDING

a term given to the labelling of a product so it imitates another or stating the wrong amount of an ingredient on a label.

MERCY KILLING

the term that is given to the terminating of a person’s life that will end the pain and suffering.

MORAL CONSIDERATIONS

the term given to the considerations that are based on moral grounds and not legal grounds.

MUNICIPAL BOND

the term that is used to describe a bond that is issued by a town, city or country.

MAGNUSON-MOSS WARRANTY ACT

The name given to a federal law that requires all labels to be plain, visible and understood easily by the consumers.

MUTUAL BENEFIT SOCIETY

the term that applies to a non-profit organisation that is set up to benefit its members such as in times of sickness, life insurance benefits etc.

MOTION FOR JUDGMENT

the term that asks for a court to hand down a decision and to grant a judgement in favour of the person making the motion.

MATERIAL FRAUD

the term that is applied to tricking a person to enter a contract or agreement that without trickery they wouldn’t have considered.

MEDICAL ETHICS

These are the tenets by which medical associations conduct themselves.

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