refinancing
refinancing, n. An exchange of an old debt for a new debt, as by negotiating a different interest rate or term or by repaying the existing loan with money acquired from a new loan. — refinance, vb.
refinancing, n. An exchange of an old debt for a new debt, as by negotiating a different interest rate or term or by repaying the existing loan with money acquired from a new loan. — refinance, vb.
quorum, n. Parliamentary law. The minimum number of members (usu. a majority of all the members) who must be present for a deliberative assembly to legally transact business. Pl. quorums.[Cases: Courts 101. C.J.S. Courts § 137.] constituency-based quorum. See interest-based quorum. disappearing quorum. A quorum whose presence may be more presumptive than actual. See presumption
disturbance of a public meeting. The unlawful interference with the proceedings of a public assembly. [Cases: Disturbance of Public Assemblage 1. C.J.S. Disturbance of Public Meetings § 3.] “Generally speaking, any conduct which, being contrary to the usages of the particular sort of meeting and class of persons assembled, interferes with its due progress and
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quotation. 1. A statement or passage that is exactly reproduced, attributed, and cited. 2. The amount stated as a stock’s or commodity’s current price. market quotation. The most current price at which a security or commodity trades. [Cases: Exchanges 13.] 3. A contractor’s estimate for a given job. — Sometimes shortened to quote. [Cases: Contracts
imitation. Trademarks. An item that so resembles a trademarked item as to be likely to induce the belief that it is genuine. See SIMILARITY. [Cases: Trade Regulation 339. C.J.S. Trade-Marks, Trade-Names, and Unfair Competition §§ 84, 86.] “The law of trade marks is of recent origin, and may be comprehended in the proposition that a
duplicate (d[y]oo-pli-kit), n. 1. A reproduction of an original document having the same particulars and effect as the original. See Fed. R. Evid. 101(4). 2. A new original, made to replace an instrument that is lost or destroyed. — Also termed (in sense 2) duplicate original. [Cases: Criminal Law 399; Evidence 173. C.J.S. Evidence §§
namium vetitum (nay-mee-[schwa]m vet-[schwa]-t[schwa]m), n. [Law Latin “taking prohibited”] Hist. A refused or prohibited taking or redelivery. • This term is most often associated with the circumstance in which a lord’s bailiff distrained animals or goods, and was ordered by the lord to take them to an unknown place or otherwise not to redeliver them
A method of reporting profit or loss on certain long-term contracts by recognizing gross income and expenses in the tax year that the contract is completed. [Cases: Internal Revenue 3101; Taxation 1078. C.J.S. Internal Revenue §§ 21, 24–26; Taxation § 1759.]
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Winchester, Statute of. Hist. A statute passed in the 13th year of the reign of Edward I, requiring every man to provide himself with armor to keep the peace, recognizing and regulating the offices of high and petty constables, organizing the police, and enforcing the old Saxon police laws. • It was repealed in 1827
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thereon, adv. On that or them (Michaels found the online reports of the cases and relied thereon instead of checking the printed books). — Also termed thereupon.