covin (k[schwa]v-[schwa]n). Hist. A secret conspiracy or agreement between two or more persons to injure or defraud another. — Also spelled covine. “Covin is a secret assent determined in the hearts of two or more, to the prejudice of another: As if a tenant for term of life, or tenant in tail, will secretly conspire […]
Consumer Credit Protection Act. A federal statute that safeguards consumers in the use of credit by (1) requiring full disclosure of the terms of loan agreements, including finance charges, (2) restricting the garnishment of wages, and (3) regulating the use of credit cards. 15 USCA §§ 1601–1693. • Many states have also adopted consum-er-credit-protection acts.
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A hearing in which either (1) the parties are in agreement as to all matters before the court, or (2) one of the parties has failed to answer the lawsuit.
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honor, n. 1. In the United States, a courtesy title given to judges and certain other public officials. 2. (usu. pl.) In England, those dignities or privileges, degrees of nobility, knighthood, and other titles that flow from the Crown. 3. Hist. In England, a seigniory of several manors held under one baron or lord paramount.
chance bargain. Contracts. A transaction in which the parties mutually agree to accept the risk that facts and circumstances assumed by the parties at the time of contracting may not actually be what the parties believe they are. • If no fraud or misrepresentation is involved, a court will uphold a chance bargain. For instance,
A contract that is either void or voidable. — Also termed invalid agreement. [Cases: Contracts 98. C.J.S. Contracts §§ 137, 139–140, 145, 153–155, 157, 171, 173–174, 185, 188.]
cambium (kam-bee-[schwa]m). [Law Latin “exchange”] Hist. 1. An exchange of money, debt, or land. cambium locale. A contract of exchange in which a person agrees to pay a sum of money at one location in consideration of money received at another location. — Also termed cambium mercantile; cambium trajectitium. cambium reale. An exchange of land.
A respite in which all the creditors agree to the debtor’s proposal for an extension of time.
consanguinity n. 血亲；血缘；同宗 以血统关系为基础的亲属关系，与因婚姻而产生的姻亲〔affinity〕关系不同。血亲可划分为直系血亲和旁系血亲。罗马法用亲等〔degree〕作为衡量血亲间血缘关系远近的尺度。 (→collateral consanguinity; lineal consanguinity; kin; kindred)
An obligation to compensate another for the other’s loss. • The duty arises under the terms of an agreement, which governs the extent of the duty. An insurance policy is fundamentally an indemnification agreement, but the duty is often made a part of other contracts as well.