(n) A transaction specifically lending an amount or renting of a property or article by guaranteeing its return by giving security of property of similar worth is termed as secured transaction
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TRANSACTION, contracts, civil law. An agreement between two or more persons, who for the purpose of preventing or putting an end to a law-suit, adjust their differences by mutual consent, in the manner which they agree on; ...
Secured Transaction
Any transaction which is intended to create a security interest or lien in personal property or fixtures.
Transactions that affect creditors - If creditors are denied the opportunity to realize on the proceeds of property that was previously owned by the debtor, they will often look at the motives of the parties involved in a purported sale, ...
Transactions in Goods
Telephone Federal Universal Service Fee Tax
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secured transaction
n. any loan or credit in which property is pledged as security in...
securities
n. generic term for shares of stock, bonds and debentures issued ...
"The whole transaction is to be looked at and an inquiry into the precise time at which the different parts of one transaction take place is unnecessary if in fact it can be determined from the whole that a single contract was intended and resulted." ...
2) In secured transactions law, goods that physically united with other goods in a way that doesn't lose the identity of the original goods. Compare with commingled goods.
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trust - A transaction in which the owner of real property or personal property (the trustor or settlor) gives ownership to a trustee, to hold and to manage it for the benefit of a third party, called the "beneficiary."
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Offender Based Transaction System (OBTS) - Automated criminal system designed to electronically transmit disposition information to be included in the computerized criminal history (CCH) file which is housed at the Florida Department of Law ...
Term: Secured Transaction
Definition: Any transaction which is intended to create a security interest or lien in personal property or fixtures.
Memorandum of a transaction or proceeding.
Miranda Warning:
Requirement that police tell a suspect in their custody of his/her constitutional rights before they question him/her. It warns of the right to remain silent and the right to an attorney.
The word deed is also most commonly used in the context of real estate because these transactions must usually be signed and in writing.
A record of a financial transaction.
Act - A bill which has passed through the various legislative steps required for it and which has become law. Synonymous to statute, legislation or law.
NCND Agreement An international trade instrument; "non circumvention/non disclosure agreement" used in the preliminary stages of a business transaction where the Seller and Buyer do not know each other, ...
Bell's Commentaries lay down the following rules with regard to the rights of the principal, in those cases in which the goods in the factor's hands have been changed in the course of his transactions.
LAW MERCHANT or LEx Mercatoria, originally a body of rules and principles relating to merchants and mercantile transactions, laid down by merchants themselves for the purpose of regulating their dealings.
of a crime and are so closely connected to it that they constitute part of a continuous transaction and can serve to illustrate its character <the decedent's statement...
Under what circumstances may a corporation engage in a transaction (such as renting property) with a director? (see: conflict of interest)
How are the directors and officers of a corporation chosen?
Business Law: Business law is the general field of law relating to business organizations, business structures, and business transactions. Also included in the business law field are issues related to real estate, tax, and the environment.
Only in relatively rare circumstances is a deed required to complete a transaction. In a commercial situation the most common use is where a variation or concession is made without the other party giving anything in return.
Law Terms consortium is (1) A group of separate individuals or companies that come together to undertake an enterprise or transaction that is beyond the means of any one member.
In the earliest type of enforceable promises, it was the form of the contract (e.g., a sealed instrument) or the ceremony accompanying its execution that marked the essence of the transaction; ...
Minutes: Memorandum of a transaction or proceeding.
The Legal Dictionary has taken steps to ensure that all legal, law, and court terms contained in our legal dictionary are correct.
Marriage is the most important transaction of life; It is the basis of the entire fabric of all civilized society. Randall v. Kreiger, 23 Wall. 147 (1874), Swayne, J. To a valid marriage, consent is all that is necessary.
They Also include: The transactions of the previous day's sitting (Votes and Proceedings); The white pages in the bundle (eg. Summary agenda and Order of Business); Notices for future days (the blue pages).
BAD FAITH: Dishonesty or fraud in a transaction, such as entering into an agreement with no intention of ever living up to its terms, or knowingly misrepresenting the quality of something that is being bought or sold.
Minutes - Memorandum of a transaction or proceeding.
For legal advise regarding Minutes, you can contact our legal staff via phone (800) 341-2684 or email myweblawyer@aol.com .
They give legal advice, carry out legal transactions and conduct legal proceedings. Solicitors are able to appear on behalf of their clients in the magistrates' and the county courts and before tribunals.
It allows the public to complete various trademark filings and transactions on-line.
acquiesce To give an implied consent to a transaction, to the accrual of a right, or to any act, by silence or without express assent.
acquire To gain by any means; usually by one's own exertions.
Usually it is a legal transaction in which a defendant pleads guilty in exchange for some form of leniency. It often involves a guilty plea to lesser charges or a guilty plea to some of the charges if other charges are dropped.
RECORD A written account of some act, court proceeding, transaction or instrument.
RECORDER OF DEEDS One who maintains a record of real estate transactions and ownership.
party: Person having a direct interest in a legal matter, transaction or proceeding.
peremptory challenge: the challenge which may be used to reject a certain number of prospective jurors without assigning any reason ...
Commercial Law
the legal rules and principles bearing on commercial transactions and business organizations. This area of the law is often times governed by the Uniform Commercial Code.
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Recital
Setting forth in a deed or other writing some explanation for the transaction.
Recourse
The right of the holder of a note secured by a mortgage or deed of trust to look personally to the borrower or endorser for payment.
Uniform commercial code: a model statute covering things such as the sale of goods, credit, and bank transactions. All states have adopted and adapted the entire ucc, with the exception of louisiana, which only adopted parts of it.
Monitor:
A person or firm appointed to review and report on, without controlling or approving, the day-to-day transactions of a business. Particulars of the engagement are usually set out in an exchange of letters, an agreement or court order.
Uniform Commercial Code (U.C.C.) - A uniform law governing commercial transactions. The U.C.C. has been adopted by all states except Louisiana.
Private law - That law, such as a contract between two persons or a real estate transaction, which applies only to the persons who subject themselves to it.
Attorney-in-Fact: A private person (who is not necessarily a lawyer) authorized by another to act in his or her place, either for some particular purpose, as to do a specific act, or for the transaction of business in general, ...
Declaration: An unsworn statement of facts made by a party to the transaction, or by one who has an interest in the facts recounted.
Definition of Title IV-D
Letter of Intent to Apply - Improve Your Writing
Climbing the Ladder - Writing Copy
The Commercial Real-property Transaction - Being a Paralegal
New Names and Titles - Divorce ...
*minor - a person over the age of puberty (cf. impubes) but under the age of 25. If sui iuris they had full legal capacity, though they could be protected by a grant of restitutio in integrum (the right to rescind transactions) under certain ...
A particular lien exists only as a security for the particular debt incurred, while a general lien is available as a security for all debts arising out of similar transactions between the parties.
discovery of an elder's signature being forged for financial transactions or for the titles of his/her possessions;
sudden appearance of previously uninvolved relatives claiming their rights to an elder's affairs and possessions; ...
withdraw cash at a bank like an ATM card, and it can also be used at stores to pay for goods and services in place of a check. Unlike a credit card, a debit card automatically withdraws money from your checking account at the time of the transaction.
 See also: Law, Action, State, Person, Will
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