ex mora
ex mora (eks mor-[schwa]). [Latin] Civil law. From or in consequence of delay. • Interest is allowed ex mora — that is, if there has been delay in repaying borrowed money.
Search Results for: EX MORA
ex mora debitoris
ex mora debitoris (eks mor-[schwa] deb-i-tor-is). [Latin] Hist. On account of the debtor’s delay. • The phrase appeared in reference to a basis for charging interest on a debt.
morality
morality. 1. Conformity with recognized rules of correct conduct. 2. The character of being virtuous, esp. in sexual matters. “[T]he terms ‘morality’ and ‘immorality’ … are understood to have a sexual connotation. In fact, the terms ‘ethics’ and ‘morals’ are no longer interchangeable in everyday speech. A governmental official arraigned on a ‘morals charge’ will
impairing the morals of a minor
impairing the morals of a minor. The offense of an adult’s engaging in sex-related acts, short of intercourse, with a minor. • Examples of this conduct are fondling, taking obscene photographs, and showing pornographic materials. — Also termed unlawful sexual conduct with a minor; corrupting; corruption of a minor. Cf. CONTRIBUTING TO THE DELINQUENCY OF
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memorandum clause
memorandum clause. A marine-insurance clause protecting underwriters from liability for injury to goods that are particularly perishable, or for minor damages. [Cases: Insurance 2235, 2241. C.J.S. Insurance §§ 1195–1196, 1199–1203, 1208, 1211–1214, 1216–1217.] “This clause was first introduced into the English [marine-insurance] policies about the year 1749. Before that time the insurer was liable for
price memorandum
price memorandum. Securities. A document created by an underwriter to explain how securities are priced for a public offering and, typically, to show estimates and appraisals that are not allowed as part of the offering documents.
business records exception
business-records exception. Evidence. A hearsay exception allowing business records (such as reports or memoranda) to be admitted into evidence if they were prepared in the ordinary course of business. • If there is good reason to doubt a record’s reliability (e.g., the record was prepared in anticipation of litigation), the exception will not apply. Fed.
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ex debito naturali
ex debito naturali (eks deb-i-toh nach-[schwa]-ray-lI). [Law Latin] Scots law. Arising from natural obligation. • The phrase appeared in reference to an obligation that was moral rather than legal.
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