closing statement
closing statement. 1. CLOSING ARGUMENT. 2. A written breakdown of the costs involved in a particular real-estate transaction, usu. prepared by a lender or an escrow agent. — Also termed settlement sheet; settlement statement.
Search Results for: REP
broker’s note
A memorandum, usu. one authorizing a broker to act as a principal’s agent, that is prepared by the broker and a copy given to the principal.
quaere
quaere (kweer-ee), vb. [Latin] Inquire; query; examine. • This term was often used in the syllabus of a reported case to show that a point was doubtful or open to question.
dietary law
dietary law. Any of the body of laws observed by members of various faiths regulating what foods may be eaten, how the foods must be prepared and served, and what combinations and contacts (e.g., between meat and milk) are prohibited.
Parliament of Australia
Parliament of Australia 澳大利亚联议会 由参议院〔Senate〕和众议院〔House of Representatives〕组成。1901年首次在墨尔本〔Melbourne〕召开，1927年起改在堪培拉〔Canberros〕召开。
Parliament of Australia Read More »
obscene
obscene, adj. Extremely offensive under contemporary community standards of morality and decency; grossly repugnant to the generally accepted notions of what is appropriate. • Under the Supreme Court’s three-part test, material is legally obscene — and therefore not protected under the First Amendment — if, taken as a whole, the material (1) appeals to the
more or less
more or less. (Of a quantity) larger or smaller. • This phrase often appears in deeds (the property contains 120 acres, more or less) and sometimes in contracts (seller’s wheat field will produce 50 bushels per acre, more or less). It qualifies a good-faith representation of quantity. By using the phrase, the parties mutually acknowledge
retorna brevium
retorna brevium (ri-tor-n[schwa] bree-vee-[schwa]m). [Law Latin] Hist. The return of a writ. • This was the indorsement on a writ by a sheriff or other officer, reporting on the writ’s execution.
devastavit
devastavit (dev-[schwa]-stay-vit), n. [Latin “he (or she) has wasted”] A personal representative’s failure to administer a decedent’s estate promptly and properly, esp. by spending extravagantly or misapplying assets. • A personal representative who commits waste in this way becomes personally liable to those having claims on the assets, such as creditors and beneficiaries.
capital return
Tax. Revenue that represents the repayment of cost or capital and thus is not taxable as income. — Also termed return of capital.