Lawful period of an existing or established custom, claim, or right determined by law. Also refer to time immemorial .

Government-granted right to be an exclusive provider given to an entity for a specific purpose. The government retains monitoring and regulatory rights over the monopoly’s activities, policies, and rates. Examples […]

Applied lawful lien by the mortgagor in exchange for obligation discharge or debt repayment.

the term that is given to your first name and your last name . Middle names are considered to be immaterial.

a legal action or intent announced by advertising in newspapers or some public posting.

the term that describes the obligation or duty that is enforced by a court of law , it can be a debt and the legal responsibility to carry out what […]

Lawful statement written by court judge, judicial officer , or legal expert. Decision on an action, condition, or intent being within the law. Also refer to opinion of counsel .

See Appendix 11.

Entity with an asset’s or property’s enforceable claim or title. Lawfully recognized. For example, a person or company owning a property will be a lender with legal ownership who can […]

Sum total of an individual ‘s legal advantages and disadvantages. Defined as the lawful characteristics and qualities of an entity. An example of these are a person’s age or asset […]

Social perspective of a legal rule’s validity being authorized by law and socially accepted versus being based on natural or moral law. View of man-made law as posited by man […]

Legal entity with legal right to possess a property, yet, the legal owner , who is a different entity, retains title. A mortgagor-lessee-renter occupies a mortgaged property, having promised as […]

An opposing party’s case may be defeated by such a fact or condition if presented and established by a party to a litigation .

Acquiring a benefit, interest, or right by enforcing a remedy, action or procedure established by court decision.

An agreement is legal and enforceable only if it complies with the law of the land and public policy . The essential element of an agreement in contract law . […]

the term given to the maximum rate of interest that can be charged fro a loan.

A perspective that legal rules are to benefit the larger society and public policy based on judicial decisions. Neither dogma or supernatural authority applies. A court is expected to determine […]

The way a right is enforced by a court of law when injury, harm, or a wrongful act is imposed upon another individual . The laws of remedies will be […]

is term in medical jurisprudence where physicians have to report any injuries that appear to have been inflicted in a criminal nature, such as gun shot wounds.

the name given to describe the executor, administrator or the person who looks after another person’s affairs.

the term given to the funds that the insurance company set aside to pay any claims made against them.

Legally mandated reserves for its operational area sustained by such a life insurance company .

Lawful, mandated minimum monetary amount a financial institution maintains as security. Cannot be used to pay depositors. Must exist in legally prescribed form, such as cash. Credit in the local […]

the term applied to the place a person spends most of his time and is the home that is recognised by law.

the term given to a right or privilege that if challenged is supported in court.