Search Results for: PARKING

parking

parking. 1. The sale of securities subject to an agreement that the seller will buy them back at a later time for a similar price. • Parking is illegal if done to circumvent securities regulations or tax laws. It is often a method of evading the net-capital requirements of the National Association of Securities Dealers

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parking lot rule

parking-lot rule. The principle that workers’-compensation insurance covers the injuries suffered by an employee on the employer’s premises when the employee is arriving at or leaving work. — Also termed premises rule. [Cases: Workers’ Compensation 750. C.J.S. Workmen’s Compensation § 445.]

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open space

open space. Undeveloped (or mostly undeveloped) urban or suburban land that is set aside and permanently restricted to agricultural, recreational, or conservational uses. • The land may be publicly or privately owned. Access may be restricted or unrestricted. Open spaces are not necessarily in a natural state: the term includes land used for public parks,

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fcpv

FCPV.abbr. Failure to comply with parking-violation (tickets). • If a person has a certain number of unpaid parking tickets (often six) within a jurisdiction, the person will be barred from obtaining or renewing a driver’s license.

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