Stationers’ Company. Hist. An association of stationers and their successors, established in London in 1557 and entrusted, by order of the Privy Council, with censorship of the press. • This company was the holder of the first rights we associate today with copyright.
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Management Directorate. The division of the Department of Homeland Security responsible for handling the Department’s financial and personnel affairs.
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anecius ([schwa]-nee-shee-[schwa]s), n. [Law Latin] Hist. The eldest; the firstborn; the senior, as contrasted with puisne (“the younger”).
An auction in which the property will be sold to the highest bidder, no minimum price will limit bidding, the owner may not withdraw property after the first bid is received, the owner may not reject any bids, and the owner may not nullify the bidding by outbidding all other bidders. • In an auction
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corruption of blood. A defunct doctrine, now considered unconstitutional, under which a person loses the ability to inherit or pass property as a result of an attainder or of being declared civilly dead. — Also termed corruption of the blood. See ATTAINDER; civil death (1) under DEATH. “Corruption of blood is, when any one is
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year and a day. The common-law time limit fixed for various purposes, such as claiming rights, exemptions, or property (such as rights to wreckage or estrays) or for prosecuting certain acts — so called because a year was formerly counted to include the first and last day, meaning that a year from January 1 was
negotiorum gestor (ni-goh-shee-or-[schwa]m jes-tor), n. [Latin “a manager of another’s affairs”] Roman & civil law. A person who acts without authority to protect another person’s interests, in the reasonable belief that the owner would approve the action if made aware of the circumstances. La. Civ. Code art. 2292. • The actor has a claim to
revenue agent’s report. A report indicating any adjustments made to a tax return as a result of an IRS audit. • After an audit, this report is mailed to the taxpayer along with a thirty-day letter. — Abbr. RAR. See THIRTY-DAY LETTER.
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A payment made by the payor but not yet credited by the payee. • For example, a rent check mailed on the first of the month is a constructive payment even though the landlord does not deposit the check until ten days later.
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fealty (feel-tee orfee-[schwa]l-tee). Hist. In feudal law, the allegiance that a tenant or vassal owes to a lord. — Also termed feodality. “There was the possibility that if the entire top layer of the structure revolted, the king might be deprived of all support. To meet this possibility, the king also bound directly to himself