Search Results for: OBJECTIONABLE

well

well, adj. Marine insurance. (Of a vessel) in good condition; safe and sound ( the vessel was warranted well on January 1). well, adv. In a legally sufficient manner; unobjectionable (well-pleaded complaint). well, n. A hole or shaft sunk into the earth to obtain a fluid, such as water, oil, or natural gas. limited-capacity well. […]

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penalty clause

penalty clause. A contractual provision that assesses against a defaulting party an excessive monetary charge unrelated to actual harm. • Penalty clauses are generally unenforceable. — Often shortened to penalty. — Also termed penal clause. Cf. LIQUIDATED-DAMAGES CLAUSE; LIMITATION-OF-REMEDIES CLAUSE . [Cases: Damages 76, 80. C.J.S. Damages §§ 176, 185–187, 190–192, 194.] “It not infrequently

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censor

censor, n. 1. Roman law. (ital.) A Roman officer who acted as a census-taker, assessor, and reviewer of public morals. 2. A person who inspects publications, films, and the like for objectionable content. 3. In the armed forces, someone who reads letters and other communications and deletes material considered a security threat. — cen-sorial, adj.

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deem

deem, vb. 1. To treat (something) as if (1) it were really something else, or (2) it had qualities that it does not have (although the document was not in fact signed until April 21, it explicitly states that it must be deemed to have been signed on April 14). 2. To consider, think, or

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