retirement annuity
An annuity that begins making payments only after the annuitant’s retirement. • If the annuitant dies before retirement, an agreed amount will usu. be refunded to the annuitant’s estate.
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covenant to convey
A covenant in which the covenantor agrees to transfer an estate’s title to the covenantee.
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atavus
atavus (at-[schwa]-v[schwa]s), n. [Latin] Roman & civil law. The male ascendant in the fifth degree; a great-grandfather’s or great-grandmother’s grandfather; a fourth grandfather.
wildcat strike
A strike not authorized by a union or by a collective-bargaining agreement. — Also termed outlaw strike; quickie strike.
acceptance testing
acceptance testing. Intellectual property. Formal experiments conducted by or on behalf of the customer to determine whether computer software or hardware or a commercial website satisfies the customer’s acceptance criteria. • Usu., an acceptance-testing provision in a sales contract or license agreement is accompanied by a termination provision allowing the customer to back out of
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tying arrangement
tying arrangement. Antitrust. 1. A seller’s agreement to sell one product or service only if the buyer also buys a different product or service. • The product or service that the buyer wants to buy is known as the tying product or tying service; the different product or service that the seller insists on selling
institute
institute, n. 1. A legal treatise or commentary, such as Coke’s Institutes in four volumes (published in 1628). 2. (cap. & pl.) An elementary treatise on Roman law in four books. • This treatise is one of the four component parts of the Corpus Juris Civilis. — Also termed Institutes of Justinian; Justinian’s Institutes. See
merchant exception
merchant exception. Contracts. In a sale of goods, an exemption from the statute of frauds whereby a contract between merchants is enforceable if, within a reasonable time after they reach an oral agreement, a written confirmation of the terms is sent, to which the recipient does not object within ten days of receiving it. •
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nomothete
nomothete (noh-m[schwa]-theet), n. [fr. Greek nomos “law” + thetes “a person who prescribes”] Hist. A lawgiver. — Also spelled nomotheta. “It was [in ancient Greek law] provided that all motions to repeal or amend an existing law should be brought before the ecclesia or general meeting of citizens, at the beginning of the year. They
lawyer
lawyer, n. One who is licensed to practice law. Cf. ATTORNEY. [Cases: Attorney and Client 9. C.J.S. Attorney and Client §§ 24–25.] — lawyerly, lawyerlike, adj. — lawyerdom, n. certified military lawyer. A person qualified to act as counsel in a general court-martial. • To be qualified, the person must be (1) a judge advocate