That degree of diligence which a person placed in a particularsituation must exercise in order to entitle him to the protection of the law in respect torights or claims growing […]
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NECESSARY DOMICILE
That kind of domicile which exists by operation of law , as distinguished from voluntary domicile or domicile of choice. Phillim.Dom. 27-97.
NECESSARY INFERENCE
If the assumptions or premises are a true basis this specific type of conclusion is logically inevitable or unavoidable.
NECESSARY PARTY
Entity deemed essential to be included in a litigation before a court qualifies it because of close association with a matter. However, if excluded, the case will not be dismissed […]
NECESSITAS
Lat Necessity; a force, power, or influence which compels one to act against his will. Calvin.
NECESSITAS EST LEX
does not affect its negotiability. Fleckner v. Bank of United States , 8 Wheat. 338, 5 L. Ed. 031.
NECESSITIES
Required universally for subsistence or survival. Minimum standard-of-living essentials.
NECESSITOUS CONDITION
the term that describes the condition where a person is lacking the essentials like food, clothing and shelter.
NECESSITUDO
Lat. In the civil law . An obligation ; a close connection; relationship by blood. Calvin.
NECESSITY
Controlling force; irresistible compulsion; a power or Impulse so great that it admits no choice of conduct. When it is said that an act is done “under necessity,” it may […]
NECK-VERSE
The Latin sentence, “Miserere mei, Deus,” was so called, because the reading of it was made a test for those who claimed benefit of clergy .
NECROPSY
An autopsy, or post-mortem examination of a human body.
NEE
a word used to indicate her name before she was married. It is French word for previously known as.
NEED FOR AFFILIATION
In order to motivate their fellow employees, building warm and caring relationships is a necessity for managers in a business setting. different affiliation levels satisfy different employee types. Those who […]
NEED PROFILING
During one-on-one discussions a customer’s current and anticipated future needs are determined and verified to prepare this specific type of report. The report focuses on understanding customer requirements . From […]
NEED SATISFACTION APPROACH
A salesperson ‘s sales technique using probing questions and careful listening to identify a prospect’s stated, expressed needs and unstated, tacit expectations. Those product aspects that satisfy the prospect’s needs […]
NEED TO KNOW
An entity is cautiously given specific information based on this specific type of predetermined criterion.
NEEDLESS
In a statute against “needless” killing or mutilation of any animal, this term denotes an act done without any useful motive, in a spirit of wanton cruelty, or for the […]
NEFAS
Lat. That which is against right or the divine law. A wicked or impious thing or act. Calvin.
NEFASTUS
Lat. Inauspicious. Applied. in the Roman law, to a day on which it was unlawful to open the courts or administer justice. Ncgatio conclnsionis est error in lege. Wing. 208. […]
NEGATION
The act of killing.
NEGATIVE
Neeessitas excusat aut extenuat delictum in capitalibus, quod non operatur idem in civilibus. Necessity excuses or extenuates a delinquency in capital cases, which has not the same operation In civil […]
NEGATIVE ACCOUNT EMPLOYER
An employer paying out more in employee unemployment benefits than contributing to its state-run unemployment insurance (UI) account. The state’s periodic account review will trigger an increase in employer contribution […]
NEGATIVE AMORTIZATION
Expected condition with an increasing principal amount increases following each monthly installment payment. Graduated payment mortgages (GPM) designed to match young executives or professionals with low starting income but high, […]
NEGATIVE AMORTIZATION LIMIT
Specific loan types have this provision. The negative amortization amount is limited. The loan’s principal balance will not increase as the borrower pays less than the owed interest charge. Typically […]