Search Results for: EMIT

jettison

jettison (jet-[schwa]-s[schwa]n), n. Maritime law. 1. The act of voluntarily throwing cargo overboard to lighten or stabilize a ship that is in immediate danger. — Also termed equitable jettison; jactura; jactus mercium navis levandae causa. See general average under AVERAGE. 2. JETSAM. — jettison, vb. “The goods must not be swept away by the violence […]

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advice

advice (ad-vIs). 1. Guidance offered by one person, esp. a lawyer, to another. See ADVICE OF COUNSEL. 2. Notice of the drawing of a draft for goods or services. See LETTER OF ADVICE. — advise (ad-vIz), vb. remittance advice. Notice that a sum of money has been sent (esp. by mail) for goods or services.

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in extremis

in extremis (in ek-stree-mis). [Latin “in extremity”] 1. In extreme circumstances. 2. Near the point of death; on one’s deathbed. • Unlike in articulo mortis, the phrase in extremis does not always mean at the point of death. Cf. IN ARTICULO MORTIS.

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item

item. 1. A piece of a whole, not necessarily separated. 2. Commercial law. A negotiable instrument or a promise or order to pay money handled by a bank for collection or payment. • The term does not include a payment order governed by division 11 of the UCC or a credit- or debit-card slip. UCC

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freedom of the press

freedom of the press. The right to print and publish materials without governmental intervention, as guaranteed by the First Amendment. — Also termed liberty of the press. [Cases: Constitutional Law 90.1(8). C.J.S. Constitutional Law §§ 552, 554, 562–565, 597–598, 603–604.] “ ‘Freedom of the press’ has less significance than meets the eye. It is true,

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