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house of lords

House of Lords. The upper chamber of the British Parliament, of which the 11-member judicial committee provides judges who serve as the final court of appeal in most civil cases. • In practice, the Lords sit as committees, usu. of five but occasionally of seven. Two committees may sit simultaneously. — Abbr. H.L. — Also

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predatory pricing

predatory pricing. Unlawful below-cost pricing intended to eliminate specific competitors and reduce overall competition; pricing below an appropriate measure of cost for the purpose of eliminating competitors in the short run and reducing competition in the long run. See ANTITRUST. [Cases: Monopolies 17(1.7). C.J.S. Monopolies §§ 83–85, 87.] “In its most orthodox form, ‘predatory pricing’

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criminalist

criminalist (krim-[schwa]-n[schwa]l-ist). 1. A person who practices criminalistics as a profession. 2. Archaic. One versed in criminal law. 3. Archaic. A psychiatrist who treats criminals. 4. Archaic. A habitual criminal.

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