To ascertain and fix the position of something, the place of which was be- fore uncertain or not manifest; as to locate the calls in a deed. To decide upon […]

Lat. In the civil law . Let ting for hire. The term is also used by text- writers upon the law of bailment at common law . In Scotch law […]

In American land law. The designation of the boundaries of a particular piece of land, either upon record or on the land itself. Mosby v. Carlaud, 1 Bibb. (Ky.) 84. […]

In a deed, patent, or other instrument containing a description of land, locative calls are specific calls, descriptions, or marks of location, referring to landmarks, physical objects, or other points […]

In the civil and Scotch law. A letter; one who lets; he who, beiug the owner of a thing, lets it out to another for hire or compensation . Coggs […]

Guarantee of a given interest rate for a limited amount of time as a commitment from a lender to a borrower.

In the event the business property is destroyed or theft is attempted, this is an area where important documents are stored safely.

1. To generate a certain minimum return on the monies loaned, to cover the lender’s marketing and loan administration expenses, this is a period when loan full-payoff is not allowed […]

A deposit made that is held on to until its maturity date by the bank. Refer to a floating rate or negotiable certificate of deposit .

A place used temporarily as a prison.

When a company allows a white knight to purchase its most valuable assets to prevent a hostile takeover .

Banking related service allowing a company to drop its deposit in a postal box where the bank will obtain the deposit and post it to the company’s bank account(s). Typically […]

Where bid price equals the asked price as a temporary situation.

the term that applies to the jury when it is in deliberation and away from all outside influences.

An oflicer in the Isle of Man, to execute the orders of the governor, much like our under-sheriff . Wharton.

Employment action. An entity stops or withholds work. The work force is not allowed on entity property during this condition. It is a reverse strike by entity management, intended to […]

An arrangement allowing a chosen, earnest buyer time to complete its purchase free of pressure from competition . Seller’s and buyer’s written or oral contract requiring that the seller not […]

When a swaps principal cannot be increased or decreased no matter what the interest does.

Fr. In French marine law. A local pilot whose business was to assist the pilot of the vessel in guiding her course into a harbor, or through a river or […]

See IN Loco PARENTIS .

The act of giving place.

In old records. A collin; a purse.

Lat. Holding the place. A deputy, substitute, lieuteuant, or representative .

Lat. In the civil law . Able to respond in an action; good for the amount which the plaintiff might recover. Dig. 50, 10, 234, 1.

Lat. A place; the place where a thing is done.