Insurance that covers damage to other peoples’ property if the insured is found to be liable for an accident.
The main operator of an insured vehicle.
How a vehicle is primarily used, such as for work, pleasure, etc.
The time period during which an insurance policy is effective. Also referred to as Policy Period.
The time period during which an insurance policy is effective. Also referred to as Policy Term.
The date on which an insurance policy ends.
The maximum amount an insurance company will pay under a policy to each person injured in an accident.
A cap on the amount an insurance company pays under a policy for all claims arising from a single accident.
a federal law that governs the payment to employees who are on a premises but not yet started to work.
the term when a will is signed with the testator present.
a term that is used to describe the person who commits a criminal act.
a term that is used for a person’s promise to appear in court.
a term that is applied for the inability to lead a normal life due to mental and physical suffering.
1. A loss that can be evaluated in money terms. 2. Money lost by a dependent when a support person dies.
TLD Example: The court’s decision to compensate the wrongfully discharged employee only for her pecuniary loss of a year’s salary did not take into consideration the emotional distress she suffered.
TLD Example 2: His death was both an emotional and pecuniary loss for the children who depended on him for their support.
the name given to a bill of discovery given to the opposing party before a trial.
a writ or court order that has not been issued to conform to laws already established.
This the dividing of tax liabilities between a seller and the buyer of a property.
The name of a legacy that will be paid in money after property has been converted to cash.
a term that is applied to the person who an accusation is brought against them in court or a person who is forced to fulfill an agreement.
a plea where a plaintiff has the right to sue but where the defendant has already fulfilled all of his obligations to a plaintiff.
Featuring Black’s Law Dictionary
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