acceleration, n. 1. The advancing of a loan agreement’s maturity date so that payment of the entire debt is due immediately. [Cases: Bills and Notes 129(2). C.J.S. Bills and Notes; Letters of Credit §§ 76, 92–100.] 2. The shortening of the time for vesting in possession of an expectant interest. — Also termed acceleration of […]
A use arising from the occurrence of a certain event that terminates the preceding use. • In the following example, C has a shifting use that arises when D makes the specified payment: “to A for the use of B, but then to C when D pays $1,000 to E.” This is a type of
revocatory action (rev-[schwa]-k[schwa]-tor-ee or ri-vok-[schwa]-tor-ee).Civil law. An action brought by a creditor to annul a contract that has been entered into by the debtor and that will increase the debtor’s insolvency. La. Civ. Code art. 2036. [Cases: Fraudulent Conveyances 205–328.]
A covenant that obligates a party to do some act; esp., an agreement that real property will be used in a certain way. • An affirmative covenant is more than a restriction on the use of property. For the real-property sense, see affirmative covenant under COVENANT(4). [Cases: Covenants 49, 69.]
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loadmanage. Hist. 1. The fee paid to loadsmen, who sail in small vessels acting as pilots for larger ships. 2. The hiring of a pilot for a vessel. 3. A pilot’s or loadsman’s skill. — Also spelled lodemanage; lode manage.
A bequest of a specific or unique item of property, such as any real estate or a particular piece of furniture. [Cases: Wills 753. C.J.S. Wills §§ 1662, 1667–1677, 1679–1683.]
joint resolutions of Congress 〈美〉国会(两院)的联合决议 国会两院的联合决议通过的程序与法案〔bill〕相同，即都必须在两院获得通过，并经总统签署，始成为法律。联合决议是表述国策的重要手段。联合决议不同于共同决议〔concurrent resolution〕，共同决议由一院通过并经另一院批准，但不具法律效力。 (→concurrent resolution)
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垃圾债券 英语：junk bond 法语：obligation pourrie (de pacotille, à haut risque) 德语：ungesicherte, hochrisikoreiche Obligationen 意大利语：obbligazioni “cartastraccia” (ad alto rischio) 西班牙语：bono basura
sequestration (see-kwes-tray-sh[schwa]n), n. 1. The process by which property is removed from the possessor pending the outcome of a dispute in which two or more parties contend for it. Cf. ATTACHMENT(1); GARNISHMENT. [Cases: Sequestration 1. C.J.S. Sequestration §§ 2–3, 5.] conventional sequestration. The parties’ voluntary deposit of the property at issue in a lawsuit. judicial
substantial-performance doctrine. The rule that if a good-faith attempt to perform does not precisely meet the terms of an agreement or statutory requirements, the performance will still be considered complete if the essential purpose is accomplished, subject to a claim for damages for the shortfall. • Under the Uniform Probate Code, a will that is
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