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

ACCELERATED BOOKBUILD

When a company has debt obligations and cannot get funds for a project they purchase stocks as a short term investment boost.

ACCELERATED DEPRECIATION

Computing depreciation rates faster than the straight line option. The two methods are declining balance or taking the sum of the years digits as the depreciation rate. This results in a larger

EXPILATOR

In tbe civil law. A robber; a spoiler or plunderer. Expilutorcs auntatrociores fures. Dig. 47, 18, 1, 1.

EXPIRATION

Cessation; termination from mere lapse of time; as the expiration of alease, or statute, and the like. Marshall v. Rugg, 6 Wyo. 270, 45 Pac. 486, 33 L. It. A.679; Rowinan v.

EXPIRY OF THE LEGAL

In Scotch law and practice. Expiration of the period withinwhich an adjudication may be redeemed, by paying the debt in the decree ofadjudication. Bell.

EXPLICATIO

In the civil law. The fourth pleading; equivalent to the surrejoinder of the common law. Calvin.

EXPLORATION

In mining law. The examination and investigation of land supposedto contain valuable minerals, by drilling, boring, sinking shafts, driving tunnels, andother means, for the purpose of discovering the presence of ore and

EXPLOSION

A sudden and rapid combustion, causing violent expansion of the air,and accompanied by a report. The word “explosion” is variously used in ordinary speech, and is not one that admits of exact

EXPORT

v. To send, take, or carry an article of trade or commerce out of the country.To transport merchandise from one country to another In the course of trade. Tocarry out or convey

EXPORTATION

The act of sending or carrying goods and merchandise from onecountry to another.

EXPOSE

v. To show publicly; to display ; to offer to the public view; as. to “expose”goods to sale, to “expose” a tariff or schedule of rates, to “expose” the person. Boyntonv. Page,

EXPOSITORY STATUTE

One the office of which is to declare what shall be taken tobe the true meaning and intent of a statute previously enacted. Black, Const. Law, (3ded.) 89. And see Lindsay v.

EXPOSURE

The act or state of exposing or being exposed. See EXPOSE.

EXPRESS

Made known distinctly and explicitly, and not left to inference or implication.Declared in terms; set forth in words. Manifested by direct and appropriatelanguage, as distinguished from that which is inferred from conduct.

EXPROMISSIO

In the civil law. The species of novation by which a creditor acceptsa new debtor, who becomes bound instead of the old, the latter being released. 1 Bouv.Inst. no. 802.

EXPROMISSOR

In the civil law. A person who assumes the debt of another, andbecomes solely liable for it. by a stipulation with the creditor. lie differs from a surety,inasmuch as this contract is

EXPROMITTERE

In the civil law. To undertake for another, with the view ofbecoming liable in his place. Calvin.

EXPROPRIATION

This word properly denotes a voluntary surrender of rights orclaims; the act of divesting oneself of that which was previously claimed as one’s own,or renouncing it. In this sense it is the

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