The practice of law-enforcement officers who use wide or even unfettered discretion about when and where to carry out certain laws; esp., the practice of singling a person out for prosecution or punishment under a statute or regulation because the person is a member of a protected group or because the person has exercised or […]
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mineral entry. The right of entry on public land to mine valuable mineral deposits. [Cases: Mines and Minerals 9–38. C.J.S. Mines and Minerals §§ 13, 26–93, 95–110, 112, 131.] “It is the policy of the United States, as expressed in Acts of Congress, to make public lands available to the people for the purpose of
administrative power 行政权 指执行法律的权力，它是依据并按照立法者所规定的原则，通过管理、监督、调查、规制〔regulation〕和控制的方式，将法律实际适用于具体事件的权力。
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term sheet. Securities. 1. A document setting forth all information that is material to investors about the offering but is not disclosed in the accompanying prospectus or the confirmation. 2. LETTER OF INTENT. abbreviated term sheet. A term sheet that includes (1) the description of the securities as required by Item 202 of SEC Regulation
over-the-counter market. The market for securities that are not traded on an organized exchange. • Over-the-counter (OTC) trading usu. occurs through telephone or computer negotiations between buyers and sellers. Many of the more actively traded OTC stocks are listed on NASDAQ. — Abbr. OTC market. [Cases: Securities Regulation 35.13. C.J.S. Securities Regulation § 104.]
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A state that uses its power to create laws and regulations to provide for the welfare of its citizens.
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distinctiveness, n. Trademarks. The quality of a trademarked word, symbol, or device that identifies the goods of a particular merchant and distinguishes them from the goods of others. — Also termed acquired distinctiveness. [Cases: Trade Regulation 10. C.J.S. Names §§ 15, 17; Trade-Marks, Trade-Names, and Unfair Competition §§ 41–42.] — distinctive, adj.
no-action letter. A letter from the staff of a governmental agency stating that if the facts are as represented in a person’s request for an agency ruling, the staff will advise the agency not to take action against the person. • Typically, a no-action letter is requested from the SEC on such matters as shareholder
Water, such as rainfall runoff, that collects and flows on the ground but does not form a watercourse. • Surface water is usu. subject to different regulations from water flowing in a watercourse. — Often shortened to surface water. See COMMON-ENEMY DOCTRINE; WATERCOURSE. [Cases: Waters and Water Courses 115. C.J.S. Waters § 254.]
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Securities and Exchange Commission. The five-member federal agency that regulates the issuance and trading of securities to protect investors against fraudulent or unfair practices. • The Commission was established by the Securities Exchange Act of 1934. — Abbr. SEC. [Cases: Securities Regulation 81–89. C.J.S. Securities Regulation §§ 242–253.]
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