wealth maximization. A situation resulting from a change in the allocation of resources if the change benefits the winner — i.e., the one who benefits from the change — more than it harms the loser. • A situation in which all possible wealth-maximizing changes have occurred is described as Kaldor-Hicks efficient or as being potentially […]
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maxim (mak-sim). A traditional legal principle that has been frozen into a concise expression. • Examples are “possession is nine-tenths of the law” and caveat emptor (“let the buyer beware”). — Also termed legal maxim.
maxims of equity 衡平法格言 指概括衡平法公正和人情的精神的各项基本原则，当然也并未概括衡平法的全部内容。有些格言本身还有多种表达形式，有些格言还互相重叠。
tanquam optimum maximum (tan-kwam op-t[schwa]-m[schwa]m mak-s[schwa]-m[ schwa]m). [Law Latin] Hist. At its best and fullest. • The phrase was often used in the conveyance of an estate.
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The classical form of retributivism, espoused by scholars such as Immanuel Kant, under which it is argued that society has a duty, not just a right, to punish a criminal who is guilty and culpable, that is, someone who has no justification or excuse for the illegal act.
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maximum medical improvement. The point at which an injured person’s condition stabilizes, and no further recovery or improvement is expected, even with additional medical intervention. • This term is most often used in the context of a workers’-compensation claim. An injured employee usu. receives temporary benefits until reaching maximum medical improvement, at which time a
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The highest level of punishment provided by law for a particular crime. [Cases: Sentencing and Punishment 1059, 1127. C.J.S. Criminal Law §§ 1468, 1585.]
cujus haeredibus maxime prospicitur (k[y]oo-j[schwa]s h[schwa]-red-i-b[ schwa]s mak-s[schwa]-mee proh-spis-i-t[schwa]r). [Latin] Hist. Whose heirs are chiefly regarded. “Cujus haeredibus maxime prospicitur…. This is a rule of construction to be attended to in ascertaining from the terms of a destination, in whom the fee of a property is vested, the ordinary rule being, that he is the
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matertera maxima (m[schwa]-t[schwa]r-t[schwa]r-[schwa] maks-[schwa]-m[schwa]). [Latin] Roman law. A great-great-great-aunt; the sister of one’s great-great-grandmother. — Also termed abmatertera.