Search Results for: REP

conveyancing

conveyancing (k[schwa]n-vay-[schwa]n-sing). The act or business of drafting and preparing legal in-struments, esp. those (such as deeds or leases) that transfer an interest in real property. “Conveyancing is the art or science of preparing documents and investigating title in connection with the creation and assurance of interests in land. Despite its connection with the word […]

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major federal action

major federal action. Environmental law. An undertaking by a federal agency, or one that must be approved by a federal agency, that may have a significant impact on the environment, such as constructing an aqueduct or dam, constructing a highway through wetlands, or adopting certain agency regulations. • Under the National Environmental Policy Act, a

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comfort opinion

Securities. An attorney’s written opinion that there is no reason to believe that the registration statement contains any material misrepresentations or omissions that would violate § 11 of the Securities Act of 1933. • The attorney usu. participates in the registration statement’s preparation and confers with the securities issuer’s representatives, underwriters, and public accountants before

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reverse confusion

Confusion occurring when consumers are likely to believe mistakenly — usu. through wide-spread advertising and promotion by the infringing company — that the trademark owner’s products are actually those of the infringer. • Reverse confusion often injures the owner’s reputation and goodwill. In an action for reverse confusion, the trademark owner is typically the smaller

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income averaging

income averaging. Tax. A method of computing tax by averaging a person’s current income with that of preceding years. [Cases: Internal Revenue 3092. C.J.S. Internal Revenue § 334.] “A distinct departure from the strict annual system of taxing income is the concept of averaging income, allowed until repeal by the 1986 T.R.A…. [T]he rate at

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render

render, n. Hist. 1. A payment in money, goods, or services made by a feudal tenant to the landlord. 2. A return conveyance made by the grantee to the grantor in a fine. See FINE(1). render, vb. 1. To transmit or deliver (render payment). 2. (Of a judge) to deliver formally (render a judgment). 3.

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