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

AXONOMETRIC PROJECTION

1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines

ASSESSABLE INSURANCE

Insurance when a premium rate that uses possible future rate hikes to have a higher payment. AKA assessment insurance.

ASSESSED VALUE

Real estate value that government assessors use for taxes and court damages. This is not appraisal value.

ASSESSMENT OF TAX

The tax receiver can assess the liability and get the assessed amount from the tax payer.

ATTRACTIVE NUISANCE

A dangerous feature on property that may cause trespassing. All prevention is on the shoulders of the owner.

ATTRIBUTES DATA

Data that represents units. It is used to show the amount of that unit that is owned and how it responds to a variable.

ATTRIBUTION RULES

How canada prevents investors from skipping out on taxes. Transfering assets to poorer family members is forbidden.

AUTHENTIC RECORD

A document that represents what is supposed to and has not been changed. AKA authentic document.

AUTHENTICATION CERTIFICATE

The way access is given for electronic commerce. This digital certificate shows the entity issuing, the entity issued, a serial number, dates, and a digital fingerprint.

AUTHENTICITY

The validity of a document or record. The document is kept in original form with no tampering.

AVOIDABLE COST

To avoid a variable cost by taking a specific action. A fixed cost is not avoidable.

AVOIDANCE OF CONTRACT

Cancelling a contract when it cannot be continued or is no longer profitable. The parties are released from their agreements.

ASSESSABLE SECURITY

A security that is payable on a further call. The UK calls this a partly paid security.

ASSESSMENT RATIO

The way assessed value and market value are linked. It is used for tax purposes.

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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.