coparcenary (koh-pahr-s[schwa]-ner-ee), n. An estate that arises when two or more persons jointly inherit from one ancestor, the title and right of possession being shared equally by all. • Coparcenary was a form of coownership created by common-law rules of descent upon intestacy when two or more persons together con-stituted the decedent’s heirs. Typically, this […]
A stock-purchase program that allows investors to reinvest their dividends, and perhaps convert additional voluntary payments, into shares of the entity’s common stock, usu. with no sales charge, and sometimes at a discount from the stock’s market price. • Although the investor never receives the cash, it is still treated as income to the investor.
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formedon n. 限嗣土地受赠人令状 英格兰一种古老的权利令状，因限嗣赠与〔gift in tail〕而对土地享有权利的人在该土地被他人非法占有后，可依此令状获得最高的法律救济。这一令状分为三种：限嗣土地受赠人继承令状〔formedon in the descender〕、限嗣土地受赠人剩余地产权令状〔formedon in the remainder〕、限嗣土地回复地产权令状〔formedon in the reverter〕。
animal law, n. The field of law dealing with vertebrates other than humans. • The field cuts across many traditional doctrinal areas (e.g., contracts, torts, administrative law) as well as jurisprudence. Topics include wild-life-management law, laws concerning treatment of laboratory animals, and laws relating to companion animals.
An estate that vests, is modified, or is defeated upon the occurrence or nonoccurrence of some specified event. • While an estate on limitation can revert without any action by the grantor or the grantor’s heirs, an estate on condition requires the entry of the grantor or the grantor’s heirs to end the estate whenever
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conversion clause (1)(利率、证券等)转换条款 允许借款人在借款期内的某一时间将可调整利率的抵押贷款〔adjustable-rate mortgage/ARM〕改为固定利率贷款。 (2)在可转换证券〔convertible securities〕中指明转换权的条文(→convertible securities)
An act that does not equal an actual appropriation of an article but that does show an intention to convert it, as when a person entrusted with the possession of goods starts using them contrary to the owner’s instructions.
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special plea 特别答辩 １在美国指刑事被告人提出的有罪答辩或无罪答辩以外的其他形式的答辩。２在英国，指非以概括否认〔general issue〕的形式作出的答辩，而是提出一些确定性事项作为答辩理由，如未成年〔infancy〕、妻子的地位〔coverture〕、诉讼时傚法〔statute of limitations〕等。 (→special defence)
capitalization, n. 1. The act or process of capitalizing or converting something into capital. 2. The amount or sum resulting from this act or process. 3. The total amount of long-term financing used by a business, including stocks, bonds, retained earnings, and other funds. 4. The total par value or stated value of the authorized
conversion price. Securities. The contractually specified price per share at which a convertible security can be converted into shares of common stock.