high–low agreement. A settlement in which a defendant agrees to pay the plaintiff a minimum recovery in return for the plaintiff’s agreement to accept a maximum amount regardless of the outcome of the trial. — Also termed hilo settlement. [Cases: Compromise and Settlement 15. C.J.S. Compromise and Settlement §§ 32–37, 40–41.]
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criminal sexual conduct in the first degree. See FIRST-DEGREE SEXUAL CONDUCT.
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purchase agreement. A sales contract. Cf. REPURCHASE AGREEMENT.
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trade agreement. 1. An agreement — such as the North American Free Trade Agreement — between two or more nations concerning the buying and selling of each nation’s goods. [Cases: Treaties 8, 11. C.J.S. Treaties §§ 6, 13–15.] 2. COLLECTIVE-BARGAINING AGREEMENT.
A wrong that did not constitute murder at common law. • Only a few states have added to their murder statutes a third degree of murder. The other states classify all murders in two degrees. Manslaughter is not a degree of the crime of murder, but instead is a distinct offense. — Also termed murder
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green belt 〈英〉绿化地带 在工业和建筑业发展中，为维护伦敦市内及周围地区的土地，1938年《绿地法》〔Green Belt Act〕对绿化地带作出规定。地方规划部门应把绿地列入开发规划。
Hazantown agreement (hay-z[schwa]n-town). A type of collective-bargaining agreement used in the garment industry, governing the relationship between a jobber and the contractors that produce the jobber’s garments. • The agreement does not govern the relationship between the jobber and its own employees. It governs the relationship between the jobber and the contractors that manufacture the
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retrocessional agreement. An agreement providing for reinsurance of reinsurance.
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earnout agreement. An agreement for the sale of a business whereby the buyer first pays an agreed amount up front, leaving the final purchase price to be determined by the business’s future profits. • The seller usu. helps manage the business for a period after the sale. — Sometimes shortened to earnout.
Interstate Agreement on Detainers Act. A law, originally enacted in 1956, in which the federal government, certain states, and the District of Columbia agree that a state may obtain custody of a prisoner for trial even though the prisoner is already incarcerated in another state. • Under the Act, if a prisoner makes a written
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