downside
downside. Securities. 1. A downward movement of stock prices. 2. The potential of a downward movement in stock prices. Cf. UPSIDE.
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fact in evidence
A fact that a tribunal considers in reaching a conclusion; a fact that has been admitted into evidence in a trial or hearing. — Also written fact-in-evidence. — Also termed evidentiary fact.
present value
present value. The sum of money that, with compound interest, would amount to a specified sum at a specified future date; future value discounted to its value today. — Also termed present worth. adjusted present value. An asset’s value determined by adding together its present value and the value added by capital-structure effects. — Abbr.
consolato del mare
Consolato del Mare (kawn-soh-lah-toh del mah-ray). [Italian “consolate of the sea”] Hist. Maritime law. An influential collection of European maritime customs, referred to by commercial judges (consuls) in ports of the kingdom of Aragon and other Mediterranean maritime towns. • The Consolato del Mare was compiled in the 14th century and soon became one of
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last link doctrine
last-link doctrine. The rule that an attorney need not divulge nonprivileged information if doing so would reveal information protected by the attorney–client privilege, particularly if the information would provide essential evidence to support indicting or convicting the client of a crime. • This doctrine is often relied on as an exception to the rule that
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rational choice theory
rational-choice theory. The theory that criminals engage in criminal activity when they believe that the potential benefits outweigh the risks of committing the crime. Cf. CONTROL THEORY; ROUTINE-ACTIVITIES THEORY; STRAIN THEORY.
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glamour stock
A stock with great public interest because of a real or imagined potential for fast growth or high earnings. — Also termed growth stock; performance stock.
shepardize
shepardize, vb. 1. (often cap.) To determine the subsequent history of (a case) by using a printed or computerized version of Shepard’s Citators. 2. Loosely, to check the precedential value of (a case) by the same or similar means. — shepardization; shepardizing, n.
redaction
redaction (ri-dak-sh[schwa]n), n. 1. The careful editing of a document, esp. to remove confidential references or offensive material. [Cases: Criminal Law 663; Federal Civil Procedure 2011; Trial 39. C.J.S. Criminal Law §§ 1210–1211; Trial§§ 148–153.] 2. A revised or edited document. — redactional, adj. — redact, vb.
deep pocket
deep pocket. 1. (pl.) Substantial wealth and resources (the plaintiff nonsuited the individuals and targeted the corporation with deep pockets). 2. A person or entity with substantial wealth and resources against which a claim may be made or a judgment may be taken (that national insurance company is a favorite deep pocket among plaintiff’s lawyers).