A federally sponsored indemnification program to protect depositors against the loss of their money, up to a specified maximum, if the bank or savings-and-loan association fails or defaults. [Cases: Banks and Banking 506. C.J.S. Banks and Banking §§ 688, 706.]
creativity. Copyright. The degree to which a work displays imaginativeness beyond what a person of very ordi-nary talents might create. • Labor and expense are not elements of creativity; for that reason, they are not protected by copyright. Feist Pubs., Inc. v. Rural Tel. Serv. Co., 499 U.S. 340, 111 S.Ct. 1282 (1991). Cf. ORIGINALITY;
strict scrutiny. Constitutional law. The standard applied to suspect classifications (such as race) in equal-protection analysis and to fundamental rights (such as voting rights) in due-process analysis. • Under strict scrutiny, the state must establish that it has a compelling interest that justifies and necessitates the law in question. See COMPELLING-STATE-INTEREST TEST T; SUSPECT CLASSIFICATION;
recreation grounds 〈英〉游乐场地 村庄中的绿地是早期的游乐场地，村民享有有限的游乐权利。1845年《圈地法》〔Inclosure Acts〕规定，拨出公地或部分公地作为周围地区居民的游乐场地。1863年《城镇公园保护法》〔Town Gardens Protection Act〕也有将城市或自治镇中弃置的广场改作公园的规定。
recreation grounds Read More »
depository institution. 1. An organization formed under state or federal law, authorized by law to receive deposits, and supervised and examined by a government agency for the protection of depositors. [Cases: Banks and Banking 1–62. C.J.S. Banks and Banking §§ 2–126, 480–481, 663–664, 697, 732–739, 746–748, 755, 758–783.] 2. A trust company or other institution
depository institution Read More »
credit report. 1. A credit bureau’s report on a person’s financial status, usu. including the approximate amounts and locations of a person’s bank accounts, charge accounts, loans, and other debts, bill-paying habits, defaults, bankruptcies, foreclosures, marital status, occupation, income, and lawsuits. See CREDIT BUREAU. 2. The report of a credit-reporting bureau, usu. including highly personal
Visual Artists Rights Act. Copyright. A 1990 federal law that gives a visual artist nontransferable moral rights of integrity and attribution in original and limited-edition creations. • Passed in order to meet Berne Convention standards, the Act protects the original artist — not the owner of the copyright — by granting some rights to prevent
visual artists rights act Read More »
An amount equal to the aggregate “par” or stated value of all outstanding shares of a corporation, or, in the case of stock without par value, an amount set by the board of directors. • A minority of states require this amount to remain in the corporation to protect creditors. — Also termed stated capital.
personality. 1. The legal status of one regarded by the law as a person; the legal conception by which the law regards a human being or an artificial entity as a person. — Also termed legal personality. “Legal personality … refers to the particular device by which the law creates or recognizes units to which
Intellectual property. The policy or practice of a country that accords the citizens of other countries the same intellectual-property protection as it gives its own citizens, with no formal treaty of reciprocity required. • The principle of national treatment underlay the first international intellectual-property treaties in the 19th century, the Paris and Berne Conventions, and
national treatment Read More »