confidential source. A person who provides information to a law-enforcement agency or to a journalist on the express or implied guarantee of anonymity. • Confidentiality is protected both under the Federal Freedom of Information Act (for disclosures to law enforcement) and under the First Amendment (for disclosures to jour-nalists). [Cases: Witnesses 196.1, 216(4).C.J.S. Witnesses §§ […]
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The first bank to which an item is transferred for collection. UCC § 4-105(2). [Cases: Banks and Banking 120, 121, 137, 158. C.J.S. Banks and Banking §§ 272–276, 322, 328, 330, 383, 395–397, 399, 402, 404.]
foreclose, vb. To terminate a mortgagor’s interest in property; to subject (property) to foreclosure proceedings. [Cases: Mortgages 320. C.J.S. Mortgages §§ 490–491, 495, 559, 568.] “Should the mortgagor default in his obligations under the mortgage, the mortgagee will seek to ‘foreclose’, — i.e., ‘end’ or ‘close’ the mortgagor’s rights in the security. After taking the
voting-stock rights. A stockholder’s right to vote stock in the affairs of the company. • Most commonly, holders of common stock have one vote for each share. Holders of preferred stock usu. have the right to vote when preferred dividends are in default for a specified period. [Cases: Corporations 197. C.J.S. Corporations §§ 373, 375–378.]
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soft dollars. 1. Securities. The credits that brokers give their clients in return for the clients’ stock-trading business. 2. The portion of an equity investment that is tax-deductible in the first year. Cf. HARD DOLLARS.
Speech Clause. The First Amendment provision that “Congress shall make no law … abridging the freedom of speech.” U.S. Const. amend I. — Also termed Freedom of Speech Clause.
haeredibus et assignatis quibuscunque (h[schwa]-red-i-b[schwa]s et as-ig-nay-tis kwib-[schwa]s-k[schwa]ng-kwee). [Law Latin] Scots law. To heirs and assignees whomsoever. • This was a simple destination phrase.
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A privately or publicly operated residential facility providing overnight accommodation free of charge to homeless people. • Most homeless shelters accept occupants on a first-come-first-served basis and are open only from early evening to early morning. Those that serve homeless families may remain open throughout the day to women and children. Some shelters offer occupants
second cousin 堂(表)兄弟姐妹的子女 按照普遍采用的罗马法计算亲等的方法，属于五等亲。堂(表)兄弟姐妹〔First Cousin〕的子女通常被称作「Second Cousin」，但其正确的用法应为「first cousin once removed」。
abandoned, suppressed, or concealed, adj. Patents. Intentionally or accidentally hidden from public notice, not reduced to practice, or not patented. • Another person’s earlier invention will not be considered prior art if the first inventor abandoned the field to others or is held to have lost the right to patent by suppressing or concealing the
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