the term that describes car insuramce where each party pays towards a share of damages regardless of who was at fault.
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NO-GROWTH
Restricting or discouraging a community’s commercial development as a practice.
NO-LOAD DRIP
Shareholders can reinvest dividends they receive into more shares without any fees in this type of program offered by publicly-held companies. The company directly issues the resulting stock purchased.
NO-SALE PRICE
Supplier will give no award or order below this type of minimum acceptable price.
NO-SHOP CLAUSE
An agreement clause between an owner and a prospective buyer to suspend all other purchase negotiations for a stated time period . In other words, the seller agrees to stop […]
NOA
Notify On Arrival. A definitive, mandated instruction to the carrier by the consignor to notify the consignee at shipment arrival.
NOAH EFFECT
A continuous factors’ series suffering abrupt, disconnected interruptions. These changes affect value distribution all along the continuum, often skipping values in an upward or downward direction. Also refer to Joseph […]
NOBILE OFFICIUM
In Scotch law. An equitable power of the court of session , to give relief when none is possible at law. Ersk. Inst. 1, 3, 22; Bell. Nobiles magis plectuntur […]
NOBILITY
In English law . A division of the people, comprehending dukes, marquises, earls, viscounts, and barons. These had anciently duties annexed to their respective honors. They are created either by […]
NOBLE METAL
Inert or near-inert metal showing little or no chemical activity with atmosphere and mild acids. Gold, silver, and platinum are such metals. They do not rust or corrode, displaying an […]
NOCENT
From Latin “nocere.” Guilty. “The nocent person.” 1 Vera. 429.
NOCTANTER
By night. An abolished writ which issued out of chancery, and re- turned to the queen’s bench , for the prostration of inclosures, etc.
NOCTES and NOCTEM DE FIRMA
Entertainment of meat and drink for so many nights. Domesday.
NOCUMENTUM
Lat. In old English law . A nuisance. A’ocnmcntum ilamnosum, a nuisance occasioning loss or damage. Hoeumcntum injiirlosuin. an injurious nuisance. For the latter only a remedy was given. Bract, […]
NODE
1. Device role to receive, send, or process data in a telecommunication network. 2. Point or nexus for two or more interfacing devices or two or more line or link […]
NOISE
1. In Communication , this is any interference with a communication’s clarity or accuracy. Superfluous message data or words are noise as they detract from the message’s meaning. 2. In […]
NOISY CHAOS
A disruptive element altering linear equation series’ results, known as a dynamical system. Also refer to system noise or observational noise.
NOL PROSSED
a Latin term that means a case is terminated by the prosecuting attorney during a trial. Also called nolled.
NOLENS VOLENS
I>at. Whether willing or unwilling; consenting or not.
NOLIS
Fr. In French law . Freight. The same with “fret.” Ord. Mar. liv. 3, tit. 3.
NOLISSEMENT
Fr. In French marine law. Affreightment . Ord. Mar. liv. 3, tit. 1.
NOLLE PROSEQUI
Lat. In practice . A formal entry upon the record, by the plaintiff in a civil suit or the prosecuting officer in a criminal action , by which he declares […]
NOLO CONTENDERE
near high mountains covered with snow. Du Cange.
NOMEN
Lat. In the civil law . A name; the name, style, or designation of a person. Properly, the name showing to what gens or tribe he belonged, as distinguished from […]
NOMENCLATURE
Official names, terms, or specialized vocabulary as a set or system, used in a specific area, discipline, or subject, like accounting, engineering , finance, or law. As an online dictionary, […]