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

Category: V

VERDICT ESTOPPEL BY

a verdict that is barred as the same issues have already been settled between the same parties in an earlier suit.

VOICE EXEMPLAR

This means to record a person’s voice for the purpose of identification.

VALUE NET

A term in insurance policies when the insurer must keep an amount aside from annual premiums in order to meet his obligations to the insured person.

VALUE CASH

the worth of an item in money, its value, saleable value, fair value. See value, fair; fair and reasonable market value.

VERBAL AGREEMENT

An oral agreement that is reached without anything committed to writing. Also a parol contract. See oral contract; verbal contract.

VALUE RULE

a rule in building contracts where an owner is entitled to the difference in value between what is built and what should have been built.

VERBAL CONTRACT

a contract that is spoken and is not written down. See oral contract; verbal agreement.

VERACITY

a term used to describe the truthfulness or the honesty of a person.

VENEREAL DISEASE

the name that is given to an infection that is transmitted by sexual contact.

VIEW OF PREMISES

a situation where the jury members leave court to see where an accident or crim occurred.

VITAL STATISTICS

the information that is kept on births, deaths. Marriages, divorces, longevity etc that is kept by public authorities for determining public utilities etc.

VALUE RECEIVED

A term often used in a promissory note meaning that there has been a lawful consideration given for the note.

VIOLATION OF PRIVACY

the interference of a person’s right to privacy by various means such as showing photos in public.

VERDICT DIRECTED

the name that is given to the verdict that is directed by the judge to the jury.

VOLSTEAD ACT

the name of the 18th Amendment that prohibits the general sale of liquor and was repealed in 1933.

VERDICT OF NO CAUSE OF ACTION

a verdict that is in the defendant’s favour on grounds that the plaintiff does not have aright to bring a charge against him.

VINDICATION

a term that applies to the clause or clauses in a law that prescribe the penalties for various violations.

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