May be written prior to death or issued by the probate court . Grants an estate executor permission to do needed to distribute stated assets.

an expression that is used to denote the strict interpretation of an ordinance, law or regulation.

The settlor or trustor establishing a trust gives written, non-binding instructions or guidance of the trustee. The settlor must avoid any impression that the settlor is trying to make the […]

the term given to a request from the court trying a case to another court in a different state or country that asks them to take testimony from a witness […]

a term used for the statement from a tax official to a tax payer giving the interpretation of tax laws.

Securities sold directly by the issuer to a buyer. These must be unregistered stock or bonds, known as letter bonds. The buyer sends a signed letter of intent to the […]

Distance between printed text characters. This spacing is adjustable to increase or decrease the average distance between letters. Can be applied to a block of text or paragraph. ‘ Proportional […]

Defined by American National Standards Institute (ANSI) as 8

Raised letters or images pick up ink from a roller and transfer it to the paper. It is a relief-printing process used first by Gutenberg in 1455. Oldest method of […]

The instrument by which an administrator or administratrix is authorized by the probate court , surrogate, or other proper officer, to have the charge and administration of the goods and […]

A government assigns title or rights to a private entity through this legal instrument .

Entity assignment as estate administrator or executor by this court -issued document. Necessary if no will (intestate) for the deceased’s estate. Refer to Letters of Administration .

The act of awarding a contract; c. p., a construction contract , or contract for carrying the mails.

Fr. In French law . A letter. It is used, like our English “letter,” for a formal instrument giving authority.

Rising up and lying down. A term applied to cattle. 3 Rl. Comm. 9. The Latin equivalent of “levant et couchant.”

Lat For the sake of lightening the ship; denotes a purpose of throwing overboard goods, which renders them subjects of general average .

Fr. Rising up and lying down. A term applied to trespassing cattle which have remained long enough upon laud to have lain down to rest and risen up to feed; […]

Lat. A writ of execution directing the sheriff to cause to be made of the lands and chattels of the judgment debtor the sum recovered by the judgment. Pentland v. […]

Lat. An expression used in the Roman law, and applied to the trial of wreck and salvage. Commentators disagree about the origin of the expression; but all agree that its […]

An embankment or artificial mound of earth constructed along the margin of a river, to confine the stream to its natural channel or prevent inundation or overflow. State v. New […]

New contract and renewed contract commissions are system-regulated to be the same percentage of the premiums.

Universal life insurance option paying the policy’s face value or a specified accumulation value percentage upon the insured’s death.

1. Time-bound, fixed charge or fee. 2. To eliminate bottlenecks and minimize work-in-process inventory, different production rates balanced by an output rate.

Indicates serious and immediate health effects possible to any person exposed to a hazard even for a short period. Concentration level of an extremely hazardous substance in air.

Coordination, follow up, liaison work does not result in a definitive end product or outcome; work of a general or supportive nature.