To deprive commonable lands of their commonable quality, by inclosing and appropriating or improving them.

In practice . Thetermination of an action, in consequence of the plaintiff’s omitting to continue the processor proceedings by proper entries on the record . 3 Bl. Comm. 296; 1 […]

The termination or suspension of an estate- tail, in consequence of the act of the tenantin tail, in conveying a larger estate In the land than he was by law […]

Occasional; intermittent ; characterized by separate repeated acts; as, discontinuous easements and servitudes. See EASEMENT.

L. Fr. Improper; unfit Kelham

In a general sense, an allowance or deduction made from a gross sumon any account whatever. In a more limited and technical sense, the taking of Interestinadvance.By the language of […]

A bill broker; one who discounts bills of exchange and promissory notes, and advances money on securities.

An OVERTHECOUNTER NONPAR SWAP where the receiver of fixed INTEREST RATES is granted an upfront payment by the floating rate payer in exchange for accepting a lower ongoing fixed rate […]

In the United States , a facility made available by the FEDERAL RESERVE BANKS that permits authorized BANKS to borrow shortterm funds on an emergency basis in order to balance […]

The effective YIELD of any FIXED INCOME instrument issued on a discount, rather than COUPONbearing, basis, generally computed as: where Face is FACE VALUE, P is purchase price , and […]

A financial measurement technique used to evaluate the worth of capital investments, ACQUISITIONS, or other projects involving cash inflows and outflows over time. Net CASH FLOWS are discounted at a […]

This term applies to deducting interest on the loan before it is given. The loan document is called a commercial paper .

Not married; not subject to the disabilities of a coverture. It applies equally to a maid and a widow.

In a general sense, the ascertainment of that which was previously unknown; the disclosure or coming to light of what was previously hidden; the acquisition of notice or knowledge of […]

In equity pleading . A bill for the discovery of facts resting in theknowledge of the defendant, or of deeds or writings, or other things in his custody orpower; but […]

To destroy or impair the credibility of a person ; to impeach ; to lessenthe degree of credit to be accorded to a witness or document, as by impugning the […]

A liberty or privilege allowed to a judge, within the confines of right and justice, but independent of narrow and unbending rules of positive law , to decide and act […]

the judgement of the court that gives it the privilege to decide issues where there are no governing legal rulings.

A customer brokerage account where the client gives the BROKER authorization to act on his/her behalf in buying and selling securities. The client may limit the discretion granted through time […]

These are the damages that have been awarded by a jury that is impartial and after it has deliberated the case.

the name given to a divorce that is granted by the courts own discretion.

the term that is given to the power to do or not to do a thing.

a trust that allows the trustee to use their own judgement in pertinent matters.

Such as are not marked out on fixed lines, but allow acertain amount of discretion in their exercise. Those which cannot be duly administeredwithout the application of a certain degree […]

A state where a company with MONOPOLY power charges different prices in different markets, according to the characteristics of each market. This presumes the monopolist can clearly identify the source […]