Search Results for: GRANT OF RIGHTS

remise

remise (ri-mIz), vb. To give up, surrender, or release (a right, interest, etc.) (the quitclaim deed provides that the grantor remises any rights in the property).

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guardianship

guardianship. 1. The fiduciary relationship between a guardian and a ward or other incapacitated person, whe-reby the guardian assumes the power to make decisions about the ward’s person or property. • A guardianship is almost always an involuntary procedure imposed by the state on the ward. Cf. CONSERVATOR; INTERDIC-TION(2). 2. The duties and responsibilities of

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leakage

leakage. 1. The waste of a liquid caused by its leaking from a storage container. 2. An allowance against duties granted by customs to an importer of liquids for losses sustained by this waste. 3. Intellectual property. Loss in value of a piece of intellectual property because of unauthorized copying. • The types of intellectual

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working interest

working interest. Oil & gas. The rights to the mineral interest granted by an oil-and-gas lease, so called because the lessee acquires the right to work on the leased property to search, develop, and produce oil and gas, as well as the obligation to pay all costs. See ROYALTY(2). — Also termed leasehold interest; operating

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veterans’ employment and training service

Veterans’ Employment and Training Service. A unit in the U.S. Department of Labor responsible for administering various programs relating to veterans’ employment and training. • The agency protects the reemployment rights of veterans and the employment and retention rights of members of the Reserve and National Guard. Its regional administrators work with state employment-security agencies

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take

take, vb. 1. To obtain possession or control, whether legally or illegally ( it’s a felony to take that property without the owner’s consent). 2. To seize with authority; to confiscate or apprehend (take the suspect into custody). 3. To acquire (property) for public use by eminent domain; (of a governmental entity) to seize or

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latium maius

Latium maius (lay-shee-[schwa]m may-j[schwa]s). [Latin] Roman law. The greater rights conferred on the inhabitants of Latium and, later, of colonies outside Italy, giving citizenship to all members of the local curia or town council and their children. Cf. LATIUM MINUS. “Under the Principate there is a distinction between Latium maius and Latium minus. The former

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allodial

allodial ([schwa]-loh-dee-[schwa]l), adj. Held in absolute ownership; pertaining to an allodium. Cf. FEUDAL. — Also spelled alodial. — allodially, adv. “The term ‘alodial’ originally had no necessary reference to the mode in which the ownership of land had been conferred; it simply meant land held in absolute ownership, not in dependence upon any other body

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