A legislative session, usu. called by the executive, that meets outside its regular term to consider a specific issue or to reduce backlog. — Also termed extra session; extraordinary session. [Cases: States 32. C.J.S. States §§ 48–50.]
peril of the sea. An action of the elements at sea of such force as to overcome the strength of a well-founded ship and the normal precautions of good marine practice. • A peril of the sea may relieve a carrier from liability for the resulting losses. — Also termed danger of navigation; danger of
cornage (kor-nij). [fr. Anglo-French corne “horn”] Hist. 1. A type of grand-sergeanty military tenure in which the tenant was bound to blow a horn to alert others whenever an enemy approached. 2. A form of tenure entitling a landowner to rent based on the number of horned cattle owned by the tenant. • Cornage may
A judge appointed by the presiding judge of an administrative region to sit temporarily on a given court, usu. in the regular judge’s absence. — Also termed temporary judge; judge pro tempore. [Cases: Judges 13–19, 25. C.J.S. Judges §§ 161–183, 185.]
eight-hour law. A law that sets eight hours as the standard workday for some jobs and that usu. requires a higher pay rate for work beyond eight hours. • One example is the federal Fair Labor Standards Act. See WAGE-AND-HOUR LAW. 8-K 8-K. An SEC form that a registered corporation must file if a material
A fund consisting of regular deposits that are accumulated with interest to pay off a long-term corporate or public debt. — Abbr. SF. [Cases: Corporations 486; Municipal Corporations 951. C.J.S. Corporations § 671; Municipal Corporations §§ 1704–1705.]
amortization schedule. A schedule of periodic payments of interest and principal owed on a debt obligation; specif., a loan schedule showing both the amount of principal and interest that is due at regular intervals over the loan term and the remaining unpaid principal balance after each scheduled payment is made.
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writ of error. 1. A writ issued by an appellate court directing a lower court to deliver the record in the case for review. Cf. ASSIGNMENT OF ERROR. [Cases: Appeal and Error 5, 398. C.J.S. Appeal and Error §§ 9–12, 18, 356, 724.] “The writ of error is the most common of all the forms
parole (p[schwa]-rohl), n. The release of a prisoner from imprisonment before the full sentence has been served. • Although not available under some sentences, parole is usu. granted for good behavior on the condition that the parolee regularly report to a supervising officer for a specified period. Cf. PARDON; PROBATION(1). [Cases: Pardon and Parole 41.
fiduciary (fi-d[y]oo-shee-er-ee), n. 1. A person who is required to act for the benefit of another person on all matters within the scope of their relationship; one who owes to another the duties of good faith, trust, confidence, and candor (the corporate officer is a fiduciary to the corporation). 2. One who must exercise a