upside
upside. Securities. 1. An upward movement in stock prices. 2. The potential of an upward movement in stock prices. Cf. DOWNSIDE.
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willful and malicious injury
Bankruptcy. Under the statutory exception to discharge, damage to another entity (such as a creditor) caused by a debtor intentionally performing a wrongful act — without just cause or excuse — that the debtor knew was certain or substantially certain to cause injury. 11 USCA § 523(a)(6). [Cases: Bankruptcy 3355. C.J.S. Bankruptcy § 332.]
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port
port. 1. A harbor where ships load and unload cargo. [Cases: Navigable Waters 14. C.J.S. Navigable Waters § 37.] 2. Any place where persons and cargo are allowed to enter a country and where customs officials are stationed. — Also termed (in sense 2) port of entry. foreign port. 1. One exclusively within the jurisdiction
influence district
A voting district in which a racial or ethnic minority group does not constitute a majority of the voters, but does make up a sufficient proportion of the voters to constitute an influential minority, thus being able to elect its preferred candidate with a reasonable number of crossover votes from other groups. Cf. majority-minority district.
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dangerous drug
A drug that has potential for abuse or injury, usu. requiring a label warning that it cannot be dispensed without a prescription. [Cases: Controlled Substances 9.]
acquiescence
acquiescence (ak-wee-es-[schwa]nts). 1. A person’s tacit or passive acceptance; implied consent to an act. commercial acquiescence. Patents. Action or inaction by a patentee’s competitor that reflects the competitor’s belief that the patent is valid. • A patent owner may use another person’s actions or inactions, such as taking a license or attempting to design around
harassment
harassment (h[schwa]-ras-m[schwa]nt orhar-[schwa]s-m[schwa]nt). Words, conduct, or action (usu. repeated or persistent) that, being directed at a specific person, annoys, alarms, or causes substantial emotional distress in that person and serves no legitimate purpose. • Harassment is actionable in some circumstances, as when a creditor uses threatening or abusive tactics to collect a debt. [Cases: Civil
liquidity
liquidity. 1. The quality or state of being readily convertible to cash. 2. Securities. The characteristic of having enough units in the market that large transactions can occur without substantial price variations. • Most stocks traded on the New York Stock Exchange, for example, have liquidity.
economic loss
economic loss. A monetary loss such as lost wages or lost profits. • The term usu. refers to a type of damages recoverable in a lawsuit. For example, in a products-liability suit, economic loss includes the cost of repair or replacement of defective property, as well as commercial loss for the property’s inadequate value and
domesday book
Domesday Book (doomz-day). The census or survey, ordered by William the Conqueror and substantially completed in 1086, of England’s landholdings, buildings, people, and livestock. — Abbr. D.B. — Also spelled Doomsday Book. “Domesday Book had several variant names — Liber de Wintonia, Rotulus Wintoniae, Scriptura Thesauri Regis, Liber Regis, Liber Judiciarius, Censualis Angliae, Angliae Notitia