forced respite
A respite in which some of the creditors are compelled by a court to give the same extension of time that the other creditors have agreed to.
Search Results for: GREE
engineering, procurement, and construction contract
A fixed-price, schedule-intensive construction contract — typically used in the construction of single-purpose projects, such as energy plants — in which the contractor agrees to a wide variety of responsibilities, including the duties to provide for the design, engineering, procurement, and construction of the facility; to prepare start-up procedures; to conduct performance tests; to create
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carry
carry, vb. 1. To sustain the weight or burden of; to hold or bear (more weight than a single person can carry). 2. To convey or transport (carrying the coal from one state to another). 3. To possess and convey (a firearm) in a vehicle, including the locked glove compartment or trunk of a car
dulocracy
dulocracy (d[y]oo-lok-r[schwa]-see), n. [fr. Greek doulos “servant” + kratein “to rule”] A government in which servants or slaves have so many privileges that they essentially rule. — Also spelled doulocracy.
conspiracy to infringe
Intellectual property. An agreement by two or more persons to commit an act that would interfere with the exclusive rights of a patent, copyright, or trademark owner. • This action is commonly recognized in trademark law. The Copyright Act does not provide a basis for alleging a conspiracy to infringe, but an action is recognized
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neglegentia
neglegentia (neg-li-jen-shee-[schwa]), n. [Latin] Roman law. Carelessness; inattentive omission. • Neglegentia can be of varying degrees, which may or may not result in actionable liability. — Also spelled negligentia. See CULPA. Cf. DILIGENTIA. “In the sources negligentia is tantamount to culpa, and similarly graduated (magna, lata negligentia). Precision in terminology is no more to be
grievant
grievant, n. Labor law. An employee who files a grievance and submits it to the grievance procedure outlined in a collective-bargaining agreement.
auction without reserve
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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act of honor
act of honor. Commercial law. A transaction, memorialized in an instrument prepared by a notary public, evi-dencing a third person’s agreement to accept, for the credit of one or more of the parties, a bill that has been protested. • The UCC eliminated this type of transaction.