A judgment entered for one party even though a jury verdict has been rendered for the opposing party. — Also termed judgment non obstante veredicto (non ahb-stan-tee ver-[schwa]-dik-toh). — Abbr. JNOV; judgment N.O.V. See judgment as a matter of law. [Cases: Criminal Law 977(4); Federal Civil Procedure 2601–2610; Judgment 199. C.J.S. Judgments §§ 62–68, 70.]
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defensive disclosure. Patents. The deliberate publication of details about an invention in order to render it prior art and preclude others from getting a patent on the same invention. • This can be done formally, by filing for public disclosure through the Statutory Invention Registration and publishing the abstract in the Official Gazette of the
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A decedent’s gross estate reduced by allowable deductions (such as administration costs and ESOP deductions). IRC (26 USCA) § 2051. • The taxable estate is the amount that is subject to the federal unified transfer tax at death. [Cases: Internal Revenue 4168–4182.30. C.J.S. Internal Revenue §§ 500, 512, 525–538, 541–546.]
Civil law. A creditor’s mortgage arising by operation of law on the debtor’s property. — Also termed tacit mortgage.
out of order. 1. (Of a motion) not in order (the motion is out of order because it conflicts with the bylaws). See IN ORDER. • A motion may be “out of order” because it is inherently inappropriate for the deliberative assembly’s consideration at any time (e.g., because it proposes an unlawful action). A motion
pyramiding. A speculative method used to finance a large purchase of stock or a controlling interest by pledging an investment’s unrealized profit. See LEVERAGE; MARGIN.
tax rate. A mathematical figure for calculating a tax, usu. expressed as a percentage. [Cases: Internal Revenue 3545–3552; Taxation 1061–1065. C.J.S. Internal Revenue §§ 331–333, 335, 358–361, 797; Taxation § 1698.] average tax rate. A taxpayer’s tax liability divided by the amount of taxable income. — Also called effective tax rate. marginal tax rate. In
notice of removal. The pleading by which the defendant removes a case from state court to federal court. • A notice of removal is filed in the federal district court in the district and division in which the suit is pending. The notice must contain a short and plain statement of the grounds for removal
A person qualified to act as counsel in a general court-martial. • To be qualified, the person must be (1) a judge advocate of the Army, Navy, Air Force, or Marine Corps, or a law specialist of the Coast Guard, (2) a graduate of an accredited law school, or a member of a federal-court bar
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