Search Results for: ABSOLUTE

monarchy

monarchy. A government in which a single person rules, with powers varying from absolute dictatorship to the merely ceremonial. limited monarchy. A monarchical form of government in which the monarch’s power is subject to constitutional or other restraints. — Also termed constitutional monarchy.

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de alode parentum

de alode parentum (dee al-[schwa]-dee p[schwa]-ren-t[schwa]m). [Law Latin] Hist. From freehold of one’s parents. “De alode parentum. — Lands descending by inheritance from parents were said to be so acquired, in contradistinction to lands held in feu … and to those acquired by a singular title. Subsequently the phrase acquired a more comprehensive signification, as

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future interest

future interest. A property interest in which the privilege of possession or of other enjoyment is future and not present. • A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest). Today, most future interests are equitable interests in stocks and debt

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pollution exclusion

A provision in some commercial general liability policies, excluding coverage for bodily injury or property damages arising from the discharge, dispersal, release, or escape of chemicals, waste, acid, and other pollutants. • Pollution-exclusion clauses may take one of two forms: (1) sudden and accidental, and (2) absolute. The sudden-and-accidental clause, usu. limited to policies issued

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term of years

term of years 定期地产权 指在一定期限内将土地出租给他人保有、使用。「term」一词不仅指保有该土地的期限,还指他所享有的该地产权或相关权益。古书中将定期地产权人亦称作「termor」。 (→term of years absolute; estate for years; tenancy for years)

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