The removal of a burden, charge, or duty. Particularly, the act ofrelieving a person or estate from a charge or liability by casting the same upon anotherperson or estate. Louisville […]
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EXONERATIONE SECT
A writ of the same nature as that lastabove described, issued by the guardian of the crown’s ward, and addressed to thesheriffs or stewards of the court, forbidding them to […]
EXONERATIONS SECT
. A writ that lay for the crown’s ward, to be free from all suitto the county court , hundred court, leet, etc., during wardship. Fitzh. Nat Brev. 158.
EXONERETUR
Lat. Let him be relieved or discharged. An entry made on a bailpiece,whereby the surety Is relieved or discharged from further obligation , when thecondition is fulfilled by the surrender […]
EXORDIUM
The beginning or introductory part of a speech.
EXORDIUM CLAUSE
A statement of self- identification and intent by the grantor in the opening clause of a will. The grantor introduces him/herself as the person whose will this is, identifies his/her […]
EXOTIC CURRENCY
A currency that is not widely used in international trade and financial transactions and is thinly traded in the FOREIGN EXCHANGE markets; the general lack of LIQUIDITY can result in […]
EXPANDABILITY
Synonymous to scaling. Computer system characteristic that is the ability to increase capability while retaining or increasing response time and throughput performance . Such a system can accommodate additions to […]
EXPANDED ACCOUNTING EQUATION
Allows a more detail view of owner equity in a company. One calculates by subtracting liabilities and asset value remove from the company by this owner from total revenue to-date […]
EXPANSION BUS
Computer bus that either has additional slot to plug in more devices, or is a bus that plug into a bus to provide additional slots. that adds more expansion slots […]
EXPANSIONARY GAP
Latter-staged portion of a business cycle expansion experiencing a short run equilibrium real production being greater than the fullemployment real production. The equilibrium real production occurs in the shortrun aggregate […]
EXPANSIONARY MONETARY POLICY
Fiscal policy intending to increase country’s money supply, building it higher than demand, then taking advantage of the increased capital to make tax cuts while increasing government spending to trigger […]
EXPANSIVITY
As standard temperature increases, the related, fractional, measurable increase of a solid in its length (linear expansivity ), its area ( superficial expansivity), or its volume (volume expansivity).
EXPATRIATE
Citizen of country A living in country B. Classification of this citizen occurs regardless if the citizen has a short stay or an extended or lifetime stay in country B.
EXPATRIATION
The voluntary act of abandoning one’s country, and becoming thecitizen or subject of another. Ludlam v. Ludlam, 31 Barb. (N. Y.) 4S9. See EMIGRATION.
EXPECT
To await; to look forward to something intended, promised, or likely tohappen. Atchison, etc., R. Co. v. Ilamliu, 07 Kan. 470, 73 Pac. 58.
EXPECTANCY THEORY
Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing […]
EXPECTANCY VALUE MODEL
Consumer attitude theory type proposing consumers ranking of products is based on all of the product’s characteristics. Known also as the fishbein model.
EXPECTANT ESTATES
an estate that does not exist yet but will be possessed in the future.
EXPECTANT HEIR
the term given to the heir apparent and he will inherit the property even if no will is made.
EXPECTANT RIGHT
a right that depends on the continuing of present conditions. See expectant estates .
EXPECTATION
1. In General, this is the belief that something will happen based on a series of actions. 2. In Statistics, this is the likelihood, the average probability , of an […]
EXPECTATION DAMAGES
the money that is available to the plaintiff as the defendant has breached his contract.
EXPECTATION OF LIFE
Experience-based mortality-table-calculation of an average person’s number of remaining years of life, as of a certain age.
EXPECTATIONS HYPOTHESIS
Mathematical formula calculating potential future interest rates. If the following equation is true: (1 + RLt) squared = (1 + RSt) ( 1 + RS*t+1), given RS is the 1-year […]