Past-due loan now questionable as able to survive past the recovery of the full principal balance plus accrued interest . Banks identify such loans as poor-performing assets in their account […]

Separate classes of COMMON STOCK issued by a company with each class granting investors a distinct set of RENT RIGHTS and/or CONTROL RIGHTS. Classified stock is often used to increase […]

Classified advertisement that is larger than one column and uses display typefaces and graphics. It is often typeset (refer to typesetting ) by the advertiser.

A single paragraph or subdivision of a legal document, such as a contract, deed, will, constitution , or statute. Sometimes a sentence or part of a sentence. Appeal of Miles, […]

In Scotch law. By this clause, in a deed or settlement, the acts or deeds of a tenant for life or other proprietor, contrary to the conditions of his right, […]

the clause that denotes the transfer of a title, obligation , right or estate from one person to another person.

a clause in a deed that provides a right under set and specified circumstances that the property will be returned to the grantor.

In French law . The name given to the clause whereby one party to a contract reserves to himself the right to annul it

In English law . Rolls which contain all such matters of record as were committed to close writs ; these rolls are preserved in the Tower.

A clause; a sentence or part of a sentence in a written instrument or law. Clausula generalis de residuo non ea complectitur qua; non ejusdem sint generis cum iis quae […]

Lat. Close, closed up, sealed. Inclosed, as a parcel of laud.

(He broke the close.) In pleading and practice. Technical words formerly used in certain actions CLAUSUM PASCHI^ 207 CLERGYABLE of trespass, and stiU retained in the phrase quare clausum fregit […]

In English law . The morrow of the utas, or eight days of Easter; the end of Easter; the Sunday after Easter-day. 2 Inst. 157.

In old English law . An ineiosure. C’lausura Ucya:, the inclosure of a hedge. Cowell.

The keys of the court. They were the officers of the Scotch courts, such as clerk, doomster, and Serjeant. Burrill.

In Manx law. The keys of the Island of Man, or twelve persons to whom all ambiguous and weighty causes are referred

In old English law . A club or mace; tenure per scrjeantiam claviw, by the serjeanty of the club or mace. Cowell.

A treasurer of a church.

A close, or small inclosure. Cowell

The repayment, to RECEIVERS of a company in BANKRUPTCY, of any PREFERENCE payments, or monies deemed to have benefited one party at the expense of others during the period of […]

Amended antimonopoly provisions of the Sherman Act of 1890 by US federal legislation in 1914. It includes the prohibition of (1) price discrimination and tying agreements, (2) sales based on […]

Passed by the U.S. Congress in 1914, it is an amendment that adds weight to competition in U.S. businesses by discouraging monopolies. This act prohibited price discrimination , price fixing […]

Established the precedent of funds withdrawn from an account are presumed to be debits from the funds deposited in a first-in, first-out (FIFO) principle-based fashion. UK’s 1816 case of Devaynes […]

Irreproachable; Innocent of fraud or wrongdoing; free from defect in form or substance; free from exceptions or reservations. See examples below

One certifying that no contagious or infectious disease exists, or certifying as to healthy conditions generally without exception or reservation