Search Results for: NTIA

preferential transfer

preferential transfer. Bankruptcy. A prebankruptcy transfer made by an insolvent debtor to or for the benefit of a creditor, thereby allowing the creditor to receive more than its proportionate share of the debtor’s assets; specif., an insolvent debtor’s transfer of a property interest for the benefit of a creditor who is owed on an earlier […]

preferential transfer Read More »

essentialia

essentialia (e-sen-shee-ay-lee-[schwa]). [Law Latin “essentials”] Scots law. Terms or qualities essential to the existence of a particular right or contract. Cf. ACCIDENTALIA. “Essentialia. This term, applied to a contract, or right, or other subject of law, signifies those things which are essential to the very being of the contract or right, as such, and any

essentialia Read More »

valentia

valentia (v[schwa]-len-shee-[schwa]), n. [Law Latin from Latin valere “to be of value”] Hist. Value; worth. • In old indictments for larceny, this term often appeared to express the value of the things taken.

valentia Read More »

somnolentia

somnolentia (sahm-n[schwa]-len-shee-[schwa]). 1. The state of drowsiness. 2. A condition of incomplete sleep resembling drunkenness, during which part of the faculties are abnormally excited while the others are dormant; the combined condition of sleeping and wakefulness producing a temporary state of involuntary intoxication. • To the extent that it destroys moral agency, somnolentia may be

somnolentia Read More »

preferential rule

Evidence. A rule that prefers one kind of evidence to another. • It may work provisionally, as when a tribunal refuses to consider one kind of evidence until another kind (presumably better) is shown to be unavailable, or it may work absolutely, as when the tribunal refuses to consider anything but the better kind of

preferential rule Read More »

Scroll to Top