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

PARTY AND PARTY

a term that is sued to refer to both the plaintiff and the defendant, who are the 2 litigants in a law suit.

CORPORATE SEAL

the term given to the emblem or the symbol used by the corporation and is shown on its stock or bond certificates.

INDIRECT TAX

a tax that is not levied on the value of property but on another consideration.

RULE TO SHOW CAUSE

a rule that orders a party to show why he has not carried out certain acts or why they should not be carried out.

NULLITY OF MARRIAGE

the term applied to a law suit that will annul a marriage. Also known a nullity suit.

NONDISCRIMINATION CLAUSE

a clause found in a public contract with a private contractor where he is not allowed to discriminate when hiring employees.

SENTENCE INDETERMINATE

a sentence that is for a non-specified period of time and will state fro not less than and not more than.

MONEY HAD AND RECEIVED

an expression used by the plaintiff claiming he has given money to the defendant who should return it.

CONCURRING OPINION

An opinion that is given by another authority that is in agreeance and upholds the opinion of the first authority.

MATCHED ORDERS

the term given to the buy and sell orders that make a wash sale.

COOPERATIVE APARTMENT

This term applies to an apartment where the tenant has interest in owning the building and he has a lease that entitles him to occupancy of his apartment.

STATUTORY EXPOSITION

the term given to the explanation in a statute of confusing or an ambiguous provision in an earlier statute.

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