simultaneous death
The death of two or more persons in the same mishap, under circumstances that make it impossible to determine who died first. See UNIFORM SIMULTANEOUS DEATH ACT; COMMON DISASTER; COMMORIENTES.
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The death of two or more persons in the same mishap, under circumstances that make it impossible to determine who died first. See UNIFORM SIMULTANEOUS DEATH ACT; COMMON DISASTER; COMMORIENTES.
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Hist. An instrument reflecting an agreement between a debtor and creditor to appoint a receiver to oversee the winding up of the debtor’s affairs on behalf of the creditor.
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gavel through. Parliamentary law. To put (a question) to a vote before any member can obtain the floor. • The practice of “gaveling through” a motion is improper under parliamentary law. “It should be noted that, under legitimate parliamentary procedure, there is no such thing as ‘gaveling through’ a measure. The right of members to
God’s penny. Hist. Earnest money; a small sum paid on the striking of a bargain. — Also termed denarius Dei; earnest-penny; godpenny. See ARRA. “It is among the merchants that the giving of earnest first … becomes a form which binds both buyer and seller in a contract of sale. To all appearances this change
director (di-rek-t[schwa]r). 1. One who manages, guides, or orders; a chief administrator. 2. A person appointed or elected to sit on a board that manages the affairs of a corporation or other organization by electing and exercising control over its officers. — Also termed trustee. See BOARD OF DIRECTORS . Cf. OFFICER(1). affiliated director. See
Freeman–Walter–Abele test. Patents. An outmoded two-step judicial test for determining whether a claimed invention is an unpatentable mathematical algorithm. • The test looks first to whether an algorithm is explicit or inherent in the claim, and second to whether a patent would wholly preempt others from using the algorithm. In re Freeman, 573 F.2d 1237
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primo venienti (prI-moh ven-ee-en-tI). [Latin] To the one first coming. • This refers to the former practice by estate executors of paying debts as they were presented without regard to whether the estate had enough assets to pay all the debts.
accretion ([schwa]-kree-sh[schwa]n). 1. The gradual accumulation of land by natural forces, esp. as alluvium is added to land situated on the bank of a river or on the seashore. Cf. ALLUVION; AVULSION(2); DELICTION; EROSION. [Cases: Navigable Waters 44; Waters and Water Courses 93. C.J.S. Navigable Waters § 94; Waters §§ 177–182, 184–185.] 2. Any increase
A loan calling for periodic payments that are applied first to interest and then to principal, as provided by the terms of the note. See AMORTIZATION(1).
The power enjoyed by a governmental entity of a sovereign state, including affairs within its own territory and powers related to the exercise of external sovereignty.
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