The original wordlist seems to be offlineThe wordlist containing your word and definition doesn't exist anymore, or, the website doesn't exist anymore. On this page you can find a copy of the original information. The information may have been taken offline because it is outdated.
Page 0 1
A finding by a criminal court that the accused is not guilty of the offence for which he has been tried.
Postponing an event, such as a court case or a company meeting, to a later date.
Someone empowered to act for another. For example, if someone dies without leaving a Will, his nearest relatives may apply for Letters of Administration appointing them as administrators of the estate. A company which cannot pay its debts may 'go into administration' and an administrator is then appointed to manage its affairs.
The acceptance that a fact or statement is true which then, in court proceedings, cannot be denied without the court's permission.
ADR (Alternative Dispute Resolution)
A mediation procedure that has, since 1999, been encouraged by the courts to avoid cases taking up the courts' time when they could be settled. An unreasonable refusal to mediate may result in the winning party to an action being unable to recover his costs. See also Mediation.
Someone who is treated by the law as no longer being a minor, having attained the age of 18 in England and Wales or 16 in Scotland.
The possession of property without the permission of the owner. If this continues for a sufficient time, not secretly but openly for all the world to see, the owner may be prevented from claiming it back.
Affidavit or Affirmation
A written statement of fact made on oath and signed in the presence of an authorised person (e.g. a solicitor). Now called a Statement of Truth.
A person appointed to act on behalf of someone else (known as 'the principal').
See Exemplary damages.
The issue of new shares in the capital of the company or the shares themselves.
An additional remedy provided by the court to make the normal remedy more effective and complete - for example, long term maintenance arrangements taking effect after a divorce is complete.
Invalidity; especially a declaration that a marriage has never existed in law because of some basic defect like bigamy.
To ask a higher court or authority to change the decision of a lower one.
Someone who makes a formal application or request. In the case of court applications, an applicant was formerly called a plaintiff.
APR (Annual Percentage Rate)
The true cost of borrowing. It takes into account all the fees in obtaining a particular loan, such as arrangement fees, the actual interest rate on the loan and when the payments are due for the duration of the loan. An APR has, by law, to be quoted in all advertisements and publications with the aim of preventing lenders from misleading the publi â€¦
The reference of a dispute for decision to a person or persons other than a court. This may be by agreement between the parties or because it is required by legislation. The procedure is private but, unlike mediation, the arbitrator's decision is binding and he is bound to conduct himself as a judge would in court.
ARLA (Association of Residential Letting Agents)
A body that regulates letting agents. Membership is voluntary; agents do not have to subscribe. The ARLA provides protection for both tenants and landlords.
Fees payable to lenders for arranging a loan. They may be added to the loan or paid upon completion.
An unlawful attack on someone by words or deeds. Physical contact is not essential.
A document transferring land or buildings to a beneficiary of an estate. In Scotland, this is called a Docket on Confirmation.
Any description of property or rights other than land or an interest in land.
Attachment of earnings order
A court order obtained by a creditor to make a debtor's employer deduct and hand over to the creditor a proportion of the debtor's earnings to pay off the debt.
The words at the end of a document, such as a deed or will, recording the formal verification of the document's execution by the witness or witnesses.
A person who has the formal authority to act on behalf of someone else. Also used to describe any lawyer, especially in the US. See Power of Attorney.
Authorised share capital
The nominal value of the share capital of a company. It cannot issue shares to a greater value without a special resolution to increase it.
A lawyer who has been called to the Bar and has the right to represent clients in court. As a general rule, barristers cannot take instructions direct from the public who must first instruct a solicitor. The full title is barrister-at-law, commonly referred to as Counsel.
The interest rate set by the Bank of England. A committee now meets once a month to consider changes to the rate which then, in turn, affects the rates set by banks and building societies.
The deliberate use of unlawful force on somebody, ranging from just touching them to the use of physical violence. But such force may be lawful as, for instance, where it is authorised by agreement (medical treatment or sport) or in self defence.
Beneficial joint tenants
People who own property jointly in equal shares. If one dies, his share passes to the others by survivorship. In other words, no matter what his Will might say, his share will go to the surviving tenant(s). To avoid that result, a severance is necessary; see Severance of a joint tenancy.
Beneficial tenants in common
Persons who own property jointly but not necessarily in equal shares. If one dies his share passes to his heirs.
A person entitled to all or part of an estate under a trust. Such trusts may arise under a settlement, a will or intestacy, an insurance policy and similar arrangements.
To leave money or property (other than land) to someone in a Will.
A gift of money or property (other than land) in a Will. For land, see Devise.
A meeting of the directors of a company at which there is a quorum, i.e. the number of persons who are required by the Articles of Association to attend a meeting in order for it to be validly held.
Breach of contract
A failure by someone who has entered into a contract to perform its terms.
Breach of statutory duty
A failure to carry out duties or to fulfil obligations imposed by legislation.
Competence to enter into a legal agreement. Minors and those of unsound mind generally lack capacity.
Cause of action
The legal justification for a claim. These fall into many categories; for instance, breach of contract, tort (which includes negligence, nuisance, assault and many others), and breach of statutory duty. Generally, a person must have suffered some loss or damage to justify a claim and it is the purpose of the law to give a remedy for that loss or da â€¦
CGT (Capital Gains Tax)
A tax charged on profits from the disposal of assets, unless the disposal is in the course of trade when the profit will be taxed as income.
A judge is said to 'sit in Chambers' when he is hearing a case in private, as opposed to open court. Almost all divorce proceedings are heard in this way. The word 'chambers' can also mean the offices in which barristers work and 'a set of Chambers' describes a group of barristers who have agreed to share certain facilities and services. Barristers â€¦
Civil Procedure Rules (CPR)
The rules, introduced in 1999, which govern the way that cases are conducted by the courts. Previously there were two sets of rules; the 'White Book' for the High Court and the 'Green Book' for the County Courts.
The first document prepared by a claimant and sent to the court to start an action. In the small claims court, it is a simple statement of the names of the claimant and defendant, the basis for the claim and the remedy the claimant is seeking.
Claimant, or plaintiff
Someone who makes a claim in court against a defendant for a remedy such as damages.
A final settlement of financial and property matters between the parties to a marriage, so that neither party is dependant on the other. Virtually impossible if there are dependant children of a marriage.
CLFS (Community Legal Services Funding)
CLFS has replaced Legal Aid. It provides government funding for people who cannot afford legal fees but it is not available for most personal injury claims.
The person with whom the respondent in a divorce case is alleged to have committed adultery.
Code of practice
Rules written by organisations or trade unions, which are used to make suggestions and guide behaviour. These rules do not have the force of law.
A document that changes some parts of a Will but does not cancel it altogether.
An agreement reached as a result of negotiations between an employer and a trade union.
Common land is land which is either subject to rights of common or open waste land. Rights of common include a right to pasture, to fish (piscary), to cut turf (turbary) and to take wood (estovers) but they all share the characteristic that something is taken from the land. A town or village green is different in that it usually describes land over â€¦
That part of English law that derives from ancient custom and judicial decisions. It is sometimes called the unwritten law because it is not codified like civil law but it is, of course, written down in many law reports. See also equity and statute law.
Someone who lodges a complaint. See Claimant.
An agreement between two or more persons to settle their differences without recourse to the court.
A method of settling a dispute with the aid of an independent person or body e.g. ACAS. Also see Mediation.
Conditional fee agreement (CFA)
A 'no-win-no-fee' agreement, as it is popularly called, is one by which a solicitor agrees that he will be paid for handling a case only if the client wins.
The Scottish equivalent of Probate.
In order to establish that he has been constructively dismissed, an employee must show (a) that his employer has committed a serious (repudiatory) breach of the employment contract, (b) that he has left because of that breach and (c) that he has not waived the breach by, for example, delaying his resignation for too long. If he can do that, the con â€¦
Contempt of court is committed either by obstructing the administration of justice or by disobeying orders or other processes of the court. Suppose someone gives an undertaking to the court not to do something, like contact a particular person, and then breaks that undertaking; or a defendant goes on shouting in court when the judge orders him to s â€¦
Continuing power of attorney
See Enduring power of attorney.
An agreement between two or more parties. It does not have to be in writing to be enforceable and can be oral or even implied from the parties' conduct. However, to be enforceable the parties must intend that their arrangements shall give rise to a legal relationship (unlike, say, accepting a social invitation) and must give some value, not necessa â€¦
Contract for services
A contract engaging the services of an independent contractor. Contrast this with a service contract between an employer and employee.
The failure by a claimant to take reasonable care for his own safety when, if had done so, the injury of which he complains would not have happened or would have been less serious. If a claimant is found to have been partly to blame, his damages are likely to be reduced in proportion.
The finding of a criminal court that the defendant is guilty, either when he is found guilty at trial or when he pleads guilty voluntarily.
The legal cost of litigation, including the fees of solicitors, barristers and expert witnesses and the court fees. Normally the loser is ordered to pay the winner's 'taxed' costs. That means that the winner's costs bill must be scrutinised and approved by a Taxing Master who is an officer of the court.
Court of Protection
A court that handles the property and affairs of people who, by reason of age or infirmity, are unable to look after them for themselves.
An agreement, usually under seal, by which someone undertakes to do or not to do some specified thing. Examples occur in leases; in conveyances, where the seller covenants that he has good title and the purchaser may covenant not to build, etc.; and in employment agreements where an employee may covenant not to compete.
Someone who is owed money by another. A secured creditor is one who has a Secured loan.
Criminal law, criminal courts
Offences against the public law for which a punishment may be imposed are covered by criminal law and are dealt with by the criminal courts. The rules of evidence and the standard of proof are stricter in the criminal courts as a safeguard against wrongful conviction. Some acts, such as an assault, may give rise to a prosecution but may also be the â€¦
Cross petition (cross-action in Scotland)
A petition by a respondent in a divorce proceeding alleging different reasons for the divorce.
Questioning a witness for the other side with the aim of extracting information or admissions helpful to one's own side. An advocate has a right to cross-examine but the judge may limit it if he feels the right is being abused.
A sum of money claimed or awarded as compensation for loss or injury. Generally damages will be awarded only for loss or injury that could reasonably have been foreseen. However, if the injury has been more severe because the sufferer has some unusual vulnerability, the defendant must pay for the actual consequences of his wrongdoing. Also see Exem â€¦
DDA (Disability Discrimination Act 1995)
This Act bans discrimination against disabled people relating to employment and access to goods, facilities, services and premises.
Someone who owes money to another person.
The final order of a court dissolving a marriage.
A provisional order dissolving a marriage, which does not become final until a further application is made by the petitioner (at least six weeks after the decree nisi) and a decree absolute is granted.
The legal case put forward by a defendant in answer to a claim.
A person against whom a claim is made.
To authorise someone else to exercise a power or right as one's deputy. As a general rule, the law does not allow a delegate to sub-delegate.
a sum of money put up as security for the performance of some commitment, as at exchange of contracts for the purchase of a property. an interest earning bank account. colloquially, the cash sum needed from a purchaser of property to make a mortgage advance cover the purchase price.
A gift of land or other real property made in a Will. See Bequest.
Court orders laying down procedural steps to be taken by the parties.
A member of the board that manages the affairs of a company. Directors must be appointed in accordance with the Articles of Association and details of their appointment must be filed at Companies House.
To renounce or give up one's right or claim to something.
Treating members of a group unfairly compared to the treatment of other people who are not members of that group.
The ending of a marriage because it has irretrievably broken down. To establish irretrievable breakdown, it is necessary to prove one or more of the following (the Five Facts): -Adultery -Unreasonable behaviour -Desertion -Two-year separation with the consent of the other party (no fault) and/or -5-year separation when no consent is needed.
Department of Social Security; the government agency that is responsible for paying out benefits.
An entitlement to exercise some right over another's land, e.g. a right of way, a right of light or a right to support.
A resolution passed by all the voting shareholders of a company opting out of certain administrative requirements. For instance, certain private companies may elect to dispense with the holding of an annual general meeting and/or with a formal audit.
A right or interest over or in land possessed by someone other than the owner of the land, e.g. an easement, a lease or a mortgage.
A mortgage arranged on the basis that the capital borrowed will be repaid from the proceeds of an Endowment policy.
A policy of assurance on the life of a person which pays a sum assured on that person' death or, if earlier, on a date specified in the policy. A With Profits Endowment policy will pay Bonuses in addition to the sum assured and it is this type of policy that has often been used to secure repayment of personal mortgages; if the bonuses fall short of â€¦
Enduring power of attorney
A formal, written authority granted by one person, the Donor, to another, the Attorney, enabling the Attorney to act on the Donor's behalf and manage his financial interests. If the power is drawn up in accordance with the Enduring Powers of Attorney Act 1985 and the Donor later becomes unable to manage his own affairs, the Attorney can register th â€¦
The final signature copy of a document.
EPA, Equal Pay Act 1970
This Act requires that men and women be paid the same for doing the same or equal work.
The value remaining after all prior claims on an asset have been met. Hence the value of a house less the amount currently outstanding on the mortgage (known as the equity of redemption). Or the value of the shareholders' interest in a company. The system of law developed from the 16th century in the Court of Chancery alongside the Common law. The â€¦
All the property belonging to a person at death.
Information in the form of personal or documented testimony or the production of material objects, which is used to establish facts in a legal investigation. Statements which are shown to have been extracted under duress or which were made during without prejudice discussions will generally be inadmissible as evidence. Reported speech of an absent â€¦
Given as a favour not required by a legal duty.
Exchange of contracts
The point at which the parties to a written contract become legally bound. For instance, contracts for the sale of land are usually prepared in two parts, one signed by the seller and the other by the purchaser. The purchaser's signed part is sent to the seller's solicitor with the deposit and exchange takes place when the seller's signed contract â€¦
To sign a legal document following the procedure required for a deed or Will.
Executor (or executrix, if female)
A person named in a Will to administer the estate. In Scotland, Executor-dative. See Personal representative.
Damages awarded over and above those necessary to compensate for actual loss, as a mark of disapproval of the defendant's conduct and/or a warning to others.
Someone qualified to give evidence about some aspect of a case on which the court requires assistance. Medical experts frequently appear both in prosecutions involving violence and civil claims about medical treatment. Foreign law is a question of fact in the English courts on which experts in the relevant law give evidence. Although experts are in â€¦
The terms of a contract that are spelt out orally or in writing, as opposed to implied terms, which are to be inferred.
An unlawful restriction placed on someone's liberty or movements. It may be by physical force or merely by the fear of such force or by submission to a legal process but it must be a complete restriction; blocking one exit if another is available does not satisfy the test.
The absolute ownership of land and rights over land for an indefinite time. Contrast Leasehold where the ownership is limited in time.
An unexpected and unintentional event that makes the fulfilment of the terms of a contract impossible.
The acceptance by a seller of a higher offer despite having previously accepted a lower one from another buyer. In England and Wales, a seller is entitled to do this provided contracts have not been exchanged. The position is different in Scotland.
The submission by a buyer of a lower offer despite having previously agreed a higher price. In England and Wales, a buyer is entitled to do this provided contracts have not been exchanged; the position is different in Scotland.
The amount borrowed as a proportion of the amount invested. The greater the borrowing, the greater the gearing (and the risk).
Of companies, a meeting of shareholders, being either an Annual General Meeting or an Extraordinary Meeting.
General power of attorney
A short form of power prescribed by the General Powers of Attorney Act 1971 by which the donor of the power authorises his attorney to do anything that he could have done himself. Such powers end if the donor becomes mentally incapable of managing his own affairs. Contrast Enduring Powers of Attorney.
Done with honest intention.
Grant of letters of administration
An official document obtained by Administrators of an estate proving that they have the legal authority to deal with a deceased's estate.
Grant of probate
An official document issued to the executors by the Probate Registry proving that they have the legal authority to deal with a deceased's estate. In Scotland, it is called a Confirmation.
A rent, substantially below the market rate, payable by a tenant usually of a long lease for which a capital sum (premium) was paid at the beginning.
Group litigation order
A court order which allows cases covering similar issues to be managed together.
An undertaking to be responsible for the performance of another person's legal obligations. A bank may ask the directors to guarantee a company's overdraft. A landlord may ask a tenant to find a guarantor that the rent will be paid and the tenant's covenants performed.
A person with legal control of, and responsibility for, a child.
Hearsay, hearsay evidence
Evidence based on something the witness has been told but did not experience for himself at first hand. As such, it is treated with caution and may not be admitted at all if the original source is available to give evidence in person.
A booklet issued by the Department of Transport giving guidance on the use of the roads.
Inheritance tax, charged upon a deceased's estate and on gifts which fall outside the exemption limits.
Terms that are not expressly stated in a contract but are derived from custom and usage or are necessary to make it work from a business point of view.
To create a limited company.
An undertaking by one person to save another harmless from loss. Most insurance policies and many guarantees come within the definition of indemnity.
An estate which has liabilities, including funeral and administration expenses, that exceed its assets.
Interest only mortgage
A mortgage under which the borrower only pays interest during the mortgage term and the whole of the capital is repaid at the end.
Someone who dies without leaving a valid will. The estate itself is then also described as intestate.
Individual Savings Account. Provided that certain rules are observed, these accounts enjoy tax benefits.
This ressembles an endowment mortgage but the saving scheme is an ISA and the contibutions are restricted.
All of the children, grandchildren and remoter descendants of a person, whether born within or outside marriage, including adopted children.
Shares which have been allotted by a company to its shareholders. Contrast Authorised capital.
See Beneficial joint tenants.
The terms 'judgment' and 'order' include any decision given by a court on a question in dispute before the court. Judgments bind the parties to the action but do not normally affect others. Exceptionally, a judgment 'in rem' decides the status or ownership of a thing, typically a building, a ship or a work of copyright, and is binding on the whole â€¦
A decree of the court, which declares the parties to be legally separate, without dissolving the marriage. It can include a financial settlement.
Judicial Studies Board Guidelines
A set of guidelines used to decide the amount of damages for the 'pain, suffering and loss of amenity' element in a claim.
The authority of courts to deal with a case. As a rough guide, courts will assume jurisdiction if the defendant is physically present and so can be served with the proceedings or if the defendant submits to the jurisdiction or if the court is persuaded that the circumstances are such that the claimant ought to be allowed to serve the proceedings ab â€¦
The effect of a knock-for-knock agreement between insurers is that, in the event of an accident involving more than one insured vehicle, each insurer carries the risk of the damage to the vehicle it has insured. This applies regardless of who may be legally responsible. So that may result in an innocent party losing a no-claims bonus. But the agree â€¦
Pronounced 'lay-cheese', this means unacceptable delay in pursuing a claim in equity but applies only where there are no fixed statutory time limits. See Limitation.
A gift in a Will. Cash gifts are called 'pecuniary legacies', gifts of specified objects are called 'specific legacies' and a right to receive a share of the residue is called 'a residuary legacy'.
Now replaced by Community Legal Services Funding.
A person entitled to a legacy under a Will.
Letters of administration
An official document obtained by administrators of an estate proving that they have the legal authority to deal with a deceased's estate.
The right to receive the income from, or to enjoy the occupation of, property for the lifetime of the life tenant. In Scotland, it is called a liferent. It will usually arise under the terms of a trust deed or Will but may arise by operation of law. When the life tenant dies, the property does not pass with his estate but goes to the beneficiaries â€¦
Limitation, limitation period
A statutory time limit within which an action must be brought. As a rough guide, claims for personal injury must be brought within three years and other claims within six years but these limits may be extended if the claimant did not know, at the time the wrongful act was committed, that it would give him a right to claim. Employees who worked with â€¦
Someone who runs his own case and represents himself, rather than hiring a lawyer.
Someone who represents a child (or patient) in litigation.
The use of a mediator to help reach a settlement in a dispute. Mediation differs from arbitration in that a mediator will not come down on one side or the other and make an award. The aim of mediation is to persuade the parties to reach agreement and not to impose a ruling that has to be obeyed. Some County Courts now operate mediation schemes, whi â€¦
Memorandum of Incorporation
The part of a company's charter or byelaws that defines the extent of its objects and its authorised capital. A company cannot act outside its permitted objects. See Ultra vires.
In England, a person under the age of 18. In Scotland, a person under 16.
A claimant has a duty to limit his loss or injury where reasonably possible. Thus an employee who is wrongfully dismissed must seek alternative employment and, if he finds it, the earnings from his new employment will be offset against his damages. But he is not obliged to accept an offer of employment that is unsuited to his skills or experience.
Mortgage or Legal charge
An arrangement by which a borrower (the mortgagor) provides a lender (the mortgagee) with security for the repayment of a loan. In the typical case of a house mortgage, the borrower continues to occupy the property and will assume full ownership again when the loan is repaid. However, if payments are not made to the lender, he may take steps to enf â€¦
Motor Insurers' Bureau
A group of motor insurers, which has agreed with the government to provide cover in certain circumstances, notably where a motorist responsible for an accident has no compulsory third party insurance.
When the amount owing to the mortgagee exceeds the market value of the property provided as security, the difference is called the negative equity.
Everyone owes a duty to take reasonable care not to injure or cause loss to his neighbour. If he fails to do so and the neighbour suffers damage as a result, the tort of negligence has been committed. The courts are constantly considering exactly what is reasonable and who is a neighbour, and it has been said that the categories of negligence are n â€¦
The pay received by an employee after all employer's deductions, such as tax and national insurance, have been subtracted.
A conditional fee agreement between a solicitor and client that the solicitor will be paid only if the client's claim is successful.
Nominal share capital
The amount of share capital that a company is allowed to issue. When the company is incorporated, this is stated in its Memorandum of Association. For example, '£100 divided into 100 shares of £1 each. The shares are then said to have a nominal, or 'par', value of £1 each and, if the company wants to issue more than 100 of them, it must pass a reso â€¦
OFT (Office of Fair Trading)
The organisation set up to police the Fair Trading Act designed primarily to protect the rights of consumers.
An official appointed to investigate complaints by individuals against maladministration by public authorities. There is a Legal Services Ombudsman whose website is www.olso.org.
Pain, suffering and loss of amenity
All three are considered when deciding the amount of damages due for an injury. 'Loss of amenity' is the effect that the injury has on the victim's ability to perform everyday activities and participate in the enjoyments of life. See Judicial Studies Board Guidelines.
Particulars of Claim
The document by which a claimant gives details of the facts on which his claim is based.
In general parlance, a person receiving medical treatment but, in law, particularly a person suffering from a mental disorder that makes him unable to manage his own affairs.
Payment in advance
Payment of a regular sum, like rent or salary, at the beginning of the period to which it relates.
Payment in arrears
Payment of a regular sum, like rent or salary, at the end of the period to which it relates.
A gift of money in a Will.
This resembles an Endowment mortgage but the saving scheme is a pension. It has various tax benefits but there are restrictions on total contributions and the borrower's age at the end of the term.
Dividing property between a number of beneficiaries according to the branches of the family instead of equally between them.
Periodic payments ('periodic allowances' in Scotland)
Financial support given by one party to the other. It can be in the form of regular payments (e.g. monthly, yearly) or a lump sum. Maintenance of children is almost always assessed by the Child Support Agency.
All property other than real property. Personal property, or personalty, is contrasted with interests in land, or realty, for historical reasons but there are still important differences, for example in the way they can be transferred.
People who wind up the estate of someone who has died. The expression includes both executors appointed by a Will (who are granted probate) and administrators in the case of intestate estates (who are granted letters of administration). Administrators in Scotland are called 'executors-nominate'.
Period of incapacity for work. Four or more consecutive days when the employee is too ill to work.
Plaintiff, or claimant
Someone who makes a claim in court against a defendant for a remedy such as damages.
A pledge arises when documents of title or goods are deposited by one person (pledgor) with another (pledgee) to be held as security for the payment of a debt or the discharge of an obligation upon the understanding that they will be returned once the obligation is discharged. Physical delivery may be sufficient but a memorandum of deposit, or lett â€¦
The counting of votes cast for or against a proposition, especially at company meetings of the shareholders. Usually matters will be decided by a show of hands of those present (one vote each) and a poll will be held only if demanded. On a poll, each share normally has one vote but special voting rights may be conferred by the Articles of Associati â€¦
Power of Attorney
A formal, written authority granted by one person, the Donor, to another, the Attorney, enabling the Attorney to act on the Donor's behalf and manage his financial interests. See Enduring Power of Attorney and General Power of Attorney.
Power reserved letter
A letter issued by the Probate Registry which an executor signs to put his or her duties on hold for the time being.
Prayer ('crave' or 'craves' in Scotland)
The application at the end of a petition asking for a marriage to be dissolved and financial relief ordered.
The purchase by one person before an opportunity is offered to others. Also the right to make such a purchase. This is commonly given to shareholders in private companies so that, if new shares are to be issued or existing shares are to be sold, they must first be offered to the existing shareholders.
Work done by a lawyer for no fee.
A document authorising a person to represent someone else, especially someone who is a member of a company unable to attend a meeting. The term also describes the appointed person and the vote cast by him. Notice of intention to appoint a proxy has to be sent to the company in advance of a meeting.
A Government department that can be entrusted with the administration of a Will, the guardianship of children or as a trustee or general administrator. It is often used for people who, for financial or other reasons, are unable to act for themselves.
The four traditional quarter days are 15 March, 24 June, 29 September and 25 December. Easy to remember because, apart from Christmas, the dates follow the number of letters in the month.
Informal name for the special procedure for undefended divorces based on the facts of adultery or unreasonable behaviour (99 per cent of divorces are achieved this way).
The number of persons who must attend a meeting in order for it to be validly held. The Articles of Association of most companies provide that, if a quorum is not present, the meeting must be adjourned to a new date but, if a quorum is still not present then, the meeting can go ahead.
Full market rent. Contrast Ground rent.
Confirmation of an act or of the validity of an act.
Real property, realty
The ownership of the freehold in land and certain interests over land like easements. Contrast Personal property.
Any compounding of future payments but especially the discharge of a mortgage by paying off the loan and obtaining the release of the property. A redemption penalty may sometimes be payable for early redemption of a mortgage.
Dismissal from employment because the job no longer exists.
Land or buildings the ownership of which is registered at HM Land Registry. The Land Registration Act which came into force on 14 October 2003 has greatly extended the categories of compulsory registration, e.g. they now include all leases of seven years or more.
The official address of a company as registered at Companies House.
Paying off an existing mortgage and entering into a new one, usually to obtain a lower rate of interest or a larger loan.
The compensation payable for service under an employment agreement.
A mortgage under which the borrower pays the interest and capital over the life of the mortgage.
SearchTyp a word and hit `Search`.
Recent searchesThe most recent searches on Encyclo. Between brackets you will find the number of results and number of related results.
• Lycées (1)
• Saint Crispin`s Day (1)
• cpo (17)
• Mesohyl (2)
• yogai (2)
• Quod (14)
• exudativorous (1)
• Metade Fumaca (1)
• Ed Loucks (1)
• Save St Mary`s (1)
• Jiao gu lan (1)
• Mi madrecita (1)
• Metamemory (2)
• Wedge flipper (1)
• Marston (3)
• visuÃ L (25)
• Todd Zeile (1)
• Tangena (1)
• Menticirrhus saxatilis (1)
• Swathed (2)
• Methuselah Foundation (1)
• Puthenpeedika (1)
• Ivaylo Simidchiev (1)
• Enns (6)
|© Encyclo MMXII | Contact | Privacy|