in damno vitando
in damno vitando (in dam-noh vI-tan-doh). [Latin] Hist. In endeavoring to avoid damage (or injury). — Sometimes shortened to DAMNO VITANDO.
in damno vitando (in dam-noh vI-tan-doh). [Latin] Hist. In endeavoring to avoid damage (or injury). — Sometimes shortened to DAMNO VITANDO.
An actual or imminent invasion of a legally protected interest, in contrast to an invasion that is conjectural or hypothetical. • An injury in fact gives the victim standing to bring an action for damages. [Cases: Federal Civil Procedure 103.2.]
Insurance that covers a business’s computer-related damages and losses caused by computer hackers and Internet viruses. • Covered damages usu. include physical destruction of or harm to computer circuitry, loss of access, loss of use, loss of functionality, and business interruption.
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nul waste (n[schwa]l wayst), n. [Law French “no waste”] Hist. The defendant’s general denial in an action to recover damages for the destruction of lands and tenements. See NUL TORT.
intimidation, n. Unlawful coercion; extortion. • In England, intimidation was established as a tort in the 1964 case of Rookes v. Barnard, 1964 App. Cas. 1129 (P.C. 1964) (appeal taken from B.C.).[Cases: Extortion and Threats 34. C.J.S. Threats and Unlawful Communications §§ 29–31.] — intimidate, vb. — intimidatory, adj. — intimidator, n. “The wrong of
experience rating. Insurance. A method of determining the amount of the premium by analyzing the insured’s loss record over time to assess (1) the risk that covered events will occur, and (2) the amount of probable damages if they do. [Cases: Insurance 1542(2). C.J.S. Insurance § 66.]
Wages, salary, or other income that a person could have earned if he or she had not lost a job, suffered a disabling injury, or died. • Lost earnings are typically awarded as damages in personal-injury and wrongful-termination cases. There can be past lost earnings and future lost earnings. Both are subsets of this category,
redress (ri-dresorree-dres), n. 1. Relief; remedy (money damages, as opposed to equitable relief, is the only redress available). [Cases: Damages 1, 3. C.J.S. Damages §§ 1–2, 4–7.] 2. A means of seeking relief or remedy (if the statute of limitations has run, the plaintiff is without redress). — redressable, adj. — redress (ri-dres), vb. penal
liquidate, vb. 1. To settle (an obligation) by payment or other adjustment; to extinguish (a debt). 2. To ascertain the precise amount of (debt, damages, etc.) by litigation or agreement. 3. To determine the liabilities and distribute the assets of (an entity), esp. in bankruptcy or dissolution. 4. To convert (a nonliquid asset) into cash.
drilling contract. Oil & gas. A well-drilling agreement between a drilling contractor, who owns drilling rigs and associated equipment, and the owner or lessor of the mineral rights. • The contract spells out the rights and duties of the parties. In general, the more control the interest-owner retains over the contractor, the more liability the