The Law Dictionary

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

Category: M

MENTAL RESERVATION

having thoughts about the contract but not expressing them and may be used as an excuse not to carry out all of the contract.

MUGGING

1. Robbing a person from behind and putting an arm around their neck so they are unable to retaliate. 2. Any type of hold up the occurs on the street.

MORTGAGE CHATTEL

the term that is applied to the mortgage on personal property rather than real estate.

MUNICIPAL COURTS

the term given to the city courts that are charged with administering the law of a city.

MORTGAGE DERIVATIVES

A term that applies to investments that are risky and based on the direction of future interest rates.

MONEY LAUNDERING

term applied to taking money gotten illegally and washing or laundering it so it appears to have been gotten legally.

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.

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