A unique code given to any part that can be used to identify that ‘part’ without referring to any manual or list. The manufacturing date of the item, model number, […]

A rule which states that if a payment is made in parts, it cannot be used to satisfy for the entire sum that is due.

Failing to meet the standards of full- time. Usually, this means to work for a fraction of the period of time that was actually allotted. For instance, if the job […]

In French law . A division made between co-proprietors of a particular estate held by them in common. It is the operation by means of which the goods of a […]

Lat One side being unheard. Spoken of any action which is taken ex parte.

Lat The party not having appeared. The condition of a cause called “default” Parte qnacnmqne integrante sul;lata, tollitur totum. An integral part being taken away, the whole is taken away. […]

In old pleading. The parties to the fine had nothing; that is, had no estate which could be conveyed by It. A plea to a fine which had been levied […]

Relating to or constituting a part; not complete; not entire or universal.

a term applied to the accounting from the executor that only covers a limited period of activities on behalf of am estate.

When a barrier option has a barrier that is only valid in a certain time frame.

Payment made in part for a delivery of goods, which is not equal to the actual sum transferable . This usually occurs when the seller bought back some of the […]

One which goes only to a part of the cause of action , or which only tends to mitigate the damages to be awarded. Carter v. Bank, 33 Misc. Rep. […]

the term that is given to a person who is able to partially support themselves but needs to rely on others for some support.

Any disability that is a result of an illness or injury. Details of the injury are given differently in insurance policies, but in layman’s terms, it is reference to the […]

a term used for the deceit when only part of a story or the facts are told.

a term used when a grant to legatees is made of a portion of an estate before the final settlement is made.

An analysis which treats a certain sector of the economy as though it is operating in complete isolation from the other sectors within the economy.

Evicting a tenant from his/ her home by the landlord, or to deprive them of some of the amenities that the tenant pays rent for. This usually occurs when the […]

a term that is used for the evidence that will establish a fairly unimportant fact of a case.

Treatment services provided to patience who are suffering from substance abuse, or those who are ailing from mental health.

When premium is lowered due to fractional risk transfer .

the term that applies when a personwho has left a will but it does not allow disposal of all of his assets.

When a purchaser can reset the strike price at a specific date if the option is outofthemoney.

In terms of insurance, any damage that does not fully destroy the insured property, nor makes it completely useless, as per the purpose it was designed for.

a term that is applied when a person is forgiven for only part of a transgression and still needs to pay the penalty for the remaining offense.