associated person. Securities. 1. A partner, officer, director, branch manager of a broker or dealer, or any person performing similar functions or occupying a similar status, any person directly or indirectly controlling, controlled by, or under common control with the broker or dealer, or any employee of the broker or dealer — with two exceptions: […]
affiliate ([schwa]-fil-ee-it), n. 1. A corporation that is related to another corporation by shareholdings or other means of control; a subsidiary, parent, or sibling corporation. [Cases: Corporations 1. 5. C.J.S. Corporations § 15.] 2. Securities. One who controls, is controlled by, or is under common control with an issuer of a security. SEC Rule 10b-18(a)(1)
advocate (ad-v[schwa]-kit), n. 1. A person who assists, defends, pleads, or prosecutes for another. public advocate. An advocate who purports to represent the public at large in matters of public concern, such as utility rates or environmental quality. 2. Civil & Scots law. A barrister; specif., a member of the Faculty of Advocates (the Scottish
equal protection. The 14th Amendment guarantee that the government must treat a person or class of persons the same as it treats other persons or classes in like circumstances. • In today’s constitutional jurisprudence, equal protection means that legislation that discriminates must have a rational basis for doing so. And if the legislation affects a
aggravation. 1. The fact of being increased in gravity or seriousness. 2. Eccles. law. A censure threatening the recipient with an increase in the penalties associated with excommunication, usu. because the recipient disre-garded an earlier sentence. • For example, a person who spurned a sentence of excommunication might be sub-jected to an anathema (a formal
independent, adj. 1. Not subject to the control or influence of another ( independent investigation). 2. Not associated with another (often larger) entity (an independent subsidiary). 3. Not dependent or contingent on something else (an independent person).
identify, vb. 1. To prove the identity of (a person or thing) (the witness identified the weapon). 2. To look upon as being associated (with) (the plaintiff was identified with the environmental movement). 3. To specify (certain goods) as the object of a contract (identify the appliances to the contract). See IDENTIFICATION OF GOODS. [Cases:
An electronic symbol, sound, or process that is either attached to or logically associated with a document (such as a contract or other record) and executed or adopted by a person with the intent to sign the document. • Types of electronic signatures include a typed name at the end of an e-mail, a digital
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enterprise, n. 1. An organization or venture, esp. for business purposes. governmental enterprise. An enterprise undertaken by a governmental body, such as a parks department that creates a public park. — Also termed government enterprise. 2. Under federal anti-racketeering law, an individual, partnership, corporation, association, union, other legal entity, or group of individuals associated in
An agreement to indemnify against one or more kinds of loss associated with the use of an automobile, including damage to a vehicle and liability for personal injury. [Cases: Insurance 1015. C.J.S. Insurance § 16.]
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