assurance, n. 1. Something that gives confidence; the state of being confident or secure (self-assurance). 2. English law. See life insurance under INSURANCE (she obtained assurance before traveling abroad, naming her husband as the beneficiary). 3. The act of transferring real property; the instrument by which it is transferred (the owner’s assurance of the farm […]
A temporary record used in bookkeeping to track receipts and disbursements of an uncertain nature until they are identified and posted in the appropriate ledgers and journals. • A suspense account does not appear in a final financial statement. It is a useful tool when, for example, a lump-sum receipt or expenditure must be broken
release on recognizance. The pretrial release of an arrested person who promises, usu. in writing but without supplying a surety or posting bond, to appear for trial at a later date. — Abbr. ROR. — Also termed release on own recognizance. See RECOGNIZANCE. [Cases: Bail 40. C.J.S. Bail; Release and Detention Pending Proceedings§ 8.]
release on recognizance Read More »
A manifest intent to seize and take possession of another person’s property, usu. either by lawfully acquiring actual custody and control of the property or by posting notice of the property’s pending foreclosure.
constructive seizure Read More »
conspicuous place. For purposes of posting notices, a location that is reasonably likely to be seen.
jump bail, vb. (Of an accused) to fail to appear in court at the appointed time after promising to appear and posting a bail bond. — Also termed skip bail. See BAIL-JUMPING. [Cases: Bail 97. C.J.S. Bail; Release and Detention Pending Proceedings § 73.]
Miller Act. A federal law requiring the posting of performance and payment bonds before an award is made for a contract for construction, alteration, or repair of a public work or building. 40 USCA §§ 270a–270d-1. [Cases: United States 67. C.J.S. United States § 139.]