vergens ad inopiam (v[schwa]r-jenz ad in-oh-pee-[schwa]m), adj. [Latin “verging on poverty”] Civil law. Tending to become insolvent. “When a debtor is clearly vergens ad inopiam, a creditor may legally resort to certain measures, for the purpose of protecting his interests, which would not otherwise be competent to him. Thus if the debtor be bound under […]
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European Convention on Human Rights. A 1950 international agreement to protect human rights. • The European Commission for Human Rights and the European Court for Human Rights were created under the convention’s terms.
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investor. 1. A buyer of a security or other property who seeks to profit from it without exhausting the principal. 2. Broadly, a person who spends money with an expectation of earning a profit. accredited investor. An investor treated under the Securities Act of 1933 as being knowledgeable and sophisticated about financial matters, esp. because
Aunt Jemima doctrine. Trademarks. The principle that a trademark is protected not only from use on a directly competing product, but also from use on a product so closely related in the marketplace that consumers would be confused into thinking that the products came from a single source. Aunt Jemima Mills Co. v. Rigney &
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The statutory right of a defaulting mortgagor to recover property, within a specified period, after a foreclosure or tax sale, by paying the outstanding debt or charges. • The purpose is to protect against the sale of property at a price far less than its value. See REDEMPTION PERIOD. [Cases: Mortgages 592. C.J.S. Mortgages §§
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disciplinary proceeding. An action brought to reprimand, suspend, or expel a licensed professional or other person from a profession or other group because of unprofessional, unethical, improper, or illegal conduct. • A disciplinary proceeding against a lawyer may result in the lawyer’s being suspended or disbarred from practice. [Cases: Licenses 38. C.J.S. Agriculture § 4.5;
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neighboring right. (usu. pl.) Copyright. An intellectual-property right of a performer or of an entrepreneur such as a publisher, broadcaster, or producer, as distinguished from a moral right belonging to an author or artist as the work’s creator. • In civil-law systems, neighboring rights and moral rights are typically protected by different laws, while in
Law French. The corrupted form of the Norman French language that arose in England in the centuries after William the Conqueror invaded England in 1066 and that was used for several centuries as the primary language of the English legal system; the Anglo-French used in medieval England in judicial proceedings, pleadings, and lawbooks. — Abbr.
doctrine of general average. Maritime law. A rule allowing a carrier to require cargo owners and the shipowner to contribute pro rata to the cost of protecting the ship and its cargo. [Cases: Shipping 186. C.J.S. Shipping §§ 458–459.]
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