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Vehicle Identification Number (VIN)

A combination of letters and numbers that identifies the vehicle’s make, model, and year. Usually found on the dashboard, vehicle registration, or title.

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VERDICT ESTOPPEL BY

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

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VALIDATING STATUTE

a law that will correct, add to or alter or delete material from a previous law and makes the amended law valid.

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VERDICT PARTIAL

The verdict where a defendant is found guilty of some of the charges against him but not of all of then accusations.

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VOID PROCESS

a legally defective action of a court and is by its nature ineffective and the process that is null and void due to a defect.

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VETO POCKET

law that has not been approved by the legislative body as the time has run out in which to sign it.

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VERBAL AGREEMENT

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

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VOID MARRIAGE

the term given to marriage with no legal validity as it is prohibited by law.

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VERDICT ADVERSE

a verdict where a person gets a verdict in his favour but for less than the originally allowed amount.

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VESTED REMAINDER

the estate that is granted to a person to be enjoyed by them at a future time when a certain event occurs.

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VETO POWER

a right not to approve an act that is passed by a legislative body.

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VENEREAL DISEASE

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

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VEXATIOUS MOTION

a motion proposed in a court to simply delay the action on a dispute not to aid justice.

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VERDICT COMPROMISE

verdict resulting from a compromising of one or more jurors on a matter of principle in exchange for compromise from other jurors on another issue in the case.

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VOIR DIRE EXAMINATION

a French term for the examination of a potential juror to see if they are fit to serve.

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VACATION OF AWARD

the term that means to set aside an arbitration award.

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VACATING A JUDGMENT

a term that means to cancel or to rescind the court’s judgement.

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VENTURE

a new business venture that is started in order to make some sort of monetary profit.

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VERDICT OF NOT GUILTY

a verdict declaring the case is not proven against the defendant. It does not mean he is innocent.

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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.

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