privy councillor
privy councillor. A member of the Privy Council. — Abbr. P.C.
Search Results for: ILL
poison pill
A corporation’s defense against an unwanted takeover bid whereby shareholders are granted the right to acquire equity or debt securities at a favorable price to increase the bidder’s acquisition costs. — Often shortened to pill. See TAKEOVER DEFENSE. Cf. PORCUPINE PROVISION. [Cases: Corporations 310(1). C.J.S. Corporations §§ 475, 477–484, 487–489.]
straight bill of lading
A nonnegotiable bill of lading that specifies a consignee to whom the carrier is contractually obligated to deliver the goods. • In some countries, including England, a document is not a bill of lading unless it is negotiable. — Also termed nonnegotiable bill of lading. [Cases: Carriers 51. C.J.S. Carriers § 390.]
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nonnegotiable bill of lading
nonnegotiable bill of lading 不可转让提单 指货物应运交提单中所指定的人的提单，即记名提单。 (→straight bill of lading)
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ready willing and able
ready, willing, and able. (Of a prospective buyer) legally and financially capable of consummating a purchase. [Cases: Brokers 54; Specific Performance 87. C.J.S. Brokers §§ 152–154; Specific Performance §§ 104, 106–107, 109.] “ ‘READY, WILLING, AND ABLE’ — A phrase referring to a prospective buyer of property who is legally capable and financially able to
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inland bill of exchange
inland bill of exchange 国内汇票 指其收款人和付款人系居住于同一国家的汇票，亦称domestic bill，区别于国外汇票〔foreign bill〕。 (=inland bill)
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waybill
Maritime law. A document acknowledging the receipt of goods by a carrier or by the shipper’s agent and the contract for the transportation of those goods. • Unlike a bill of lading, a waybill is not a document of title and is nonnegotiable. — Abbr. WB. Cf. BILL OF LADING.
willful indifference to the safety of others
willful indifference to the safety of others. See willful and wanton misconduct under MISCONDUCT.
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person with ordinary skill in the art
person with ordinary skill in the art. Patents. A fictional construct of the patent laws, denoting someone who has reasonably developed abilities in the field of the invention at issue. • The patent application must be clear and complete enough to teach a person skilled in the art how to make and use the invention
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