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

Category: N

NIGHT DEPOSITORY

Secured documents or pouches lodging usually requiring a key for access, this is an opening in a building’s exterior wall, as in a bank,

NO COST CONTRACT

Pays back ‘in kind’, but has no monetary consideration. Used mainly to avoid effort duplication, it is typically used by a government that has developed a new but classified technology and a

NO-ASSET CASE

The filer has no assets available to creditors to satisfy outstanding debts in a Chapter 7 bankruptcy filing in this type of situation.

NON-CONCURRENCY

When insurance policies are not properly arranged and do not give enough protection.

NOSTRO

A term meaning our account. It is used by foreign banks to handle its local currency.

NECESSARY DILIGENCE

That degree of diligence which a person placed in a particularsituation must exercise in order to entitle him to the protection of the law in respect torights or claims growing out of

NATIONAL DOMAIN

A term sometimes applied to the aggregate of the property owned directly by a nation. Civ. Code La. I’.tOO. art. 4NO.

N USURPATIO

Lat. In the civil law. 1’he interruption of a usucaption, by some act on the part of the real owner. Calvin.

N VOUCHER

A receipt, acquittance, or release, which may serve as evidence of pay- ment or discharge of a debt, or to certify the correctness of accounts. An account- book containing the acquittances or

N WAINABLE

Ill old records. That may lie plowed or manured; tillable. Cowell; Blount.

NATURAL ALLEGIANCE

In English law. That kind of allegiance which is due from all men born within tlie king’s dominions, immediately upon their birth, which is intrinsic and perpetual, and cannot be divested by

NOTICE OF APPEARANCE

A notice given bv defendant to a plaintiff that he appears in the action in person or by attorney.

NATURAL BOUNDARY

Any formation or product of nature (as opposed to structures or erections made by man) which may serve to define and fix one or more of the lines inclosing an estate or

NATURAL CHILD

A bastard ; a child born out of lawful wedlock. But in a statute declaring that adopted shall have all the rights of “natural” children. the word “natural” was used in the

NAME

he designation of an individual person, or of a firm or corporation. In law a man cannot have more than one Christian name. Rex v. Newman, 1 Ld. Raytn. 062. As to

NATIONALIZACION

In Spanish and Mexican law. Nationalization. “The na- tionalization of property is an act which denotes that it has become that of the nation by some process of law, whereby private individuals

NAULAGE

The freight of passengers in a ship. Johnson; Webster.

NE EXEAT REPUBLIC A

Lat. In American practice. A writ similar to that of ne exeat regno, (q. v..) available to the plaintiff in a civil suit, under some circum- stances, when the defendant is about

NECESSARIES

Things indispensable, or things proper and useful, for the sustenance of human life. This is a relative term, and its meaning will contract or expand according to the situation and social condition

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.