motion for directed verdict. A party’s request that the court enter judgment in its favor before submitting the case to the jury because there is no legally sufficient evidentiary foundation on which a reasonable jury could find for the other party. • Under the Federal Rules of Civil Procedure, the equivalent court paper is known […]
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Tangible work product that includes facts but not an attorney’s mental impressions. • Fact work product is subject to a qualified privilege. It is not discoverable unless the party seeking discovery can show a substantial need for the materials. See Fed. R. Evid. 26(b)(3). — Also termed ordinary work product.
school, n. 1. An institution of learning and education, esp. for children. [Cases: Schools 11. C.J.S. Schools and School Districts §§ 4, 74, 76, 396–398.] “Although the word ‘school’ in its broad sense includes all schools or institutions, whether of high or low degree, the word ‘school’ frequently has been defined in constitutions and statutes
A brief submitted to an appeals court; specif., a brief filed by a party to an appeal pending in a court exercising appellate jurisdiction. • The brief may be filed for an individual party or on behalf of two or more parties. — Also termed appeal brief.
war. 1. Hostile conflict by means of armed forces, carried on between nations, states, or rulers, or sometimes between parties within the same nation or state; a period of such conflict (the Gulf War). • A state of war may also exist without armed conflict; for example, the treaty formally ending the World War II
hold harmless, vb. To absolve (another party) from any responsibility for damage or other liability arising from the transaction; INDEMNIFY. — Also termed save harmless. [Cases: Indemnity 25, 31(4).]
A financial institution — often organized and chartered like a bank — that primarily makes home-mortgage loans but also usu. maintains checking accounts and provides other banking services. — Often shortened to S & L. — Also termed loan association; thrift institution; thrift. Cf. BUILDING-AND-LOAN ASSOCIATION. [Cases: Building and Loan Associations 1, 24–40. C.J.S. Building
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armed conflict. Int’l law. 1. A state of open hostility between two nations, or between a nation and an aggressive force. • A state of armed conflict may exist without a formal declaration of war by either side. 2. A military action taken under Article 42 of the United Nations Charter. — Also termed police
trend. A price pattern in the stock market generally or in a particular stock. major trend. A long-term trend of the stock market; a general increase or decrease of stock prices over an extended period. — Also termed fundamental trend. market trend. The direction of stock-market prices over a several-month period.
pignus (pig-n[schwa]s), n. [Latin “pledge”] 1. Roman & civil law. (ital.) A bailment in which goods are delivered to secure the payment of a debt or performance of an engagement, accompanied by a power of sale in case of default. • This type of bailment is for the benefit of both parties. — Also termed