In Scotch law. Power. See LIEGE POUSTIE. A word formed from the Latin “potestas.”

A term used to denote a condition in which people are unable to meet their basic necessities , due to lack of money or skill. There are two primary terms […]

An affidavit made and filed by one of the parties to a suit, that he is not able to furnish security for the final costs . The use of the […]

A situation in which poverty can never be removed (endlessly continued). Once a person/ entity falls below the line of poverty, a set of different events begin to take place […]

A measured level below which people are considered to be poor. Different factors are taken in to consideration , such as the level of income, lack of food and shelter, […]

A threshold below which families are officially known to be poor, and hence, are able to apply for welfare help.

A situation created usually by the taxation laws, as well as the social security advantages related to the income of a person, which generally prevent people from moving out of […]

In real property law . A power is an authority to do some act in relation to real property , or to the creation or revocation of an estate therein, […]

An option whose payoff is created or ended by the meeting of a barrier. Refer to power option or barrier option .

By this phrase is meant a right or power to do some act, together with an interest in the subject-matter on which the power is to be exercised. It is […]

An estimate as to how much importance is given by any country/ team or business to heirarchy. For instance, a tenure under a totalitarian government will have a higher power […]

the authority that is vested in an executive department of a federal government .

a term for the power of appointment that is exercised with no restrictions by the person granted the power.

A network consisting of transformers, power lines as well as related articles that are used to distribute electrical power through a region.

An insurance that provides cover for a business/ individual in case there are power failures and the busines suffers a loss.

A power or authority conferred by one person by deed or will upon another (called the “donee”) to appoint, that is, to select and nominate, the person or persons who […]

An instrument authorizing a person to act as the agent or attorney of the person granting it. See LETTER OF ATTORNEY

An express legal paper which gives any agent or attorney the right to manage the properties of an individual , as they see fit.

Every power of disposition is deemed absolute, by means of which the donee of such power is enabled in his life-time to dispose of the entire fee for his own […]

a term that is used for the power to get rid of, divest or to sell property or to sell an estate.

In the law of corporations. The right or capacity to act or be acted upon in a par- ticular manner or in respect to a particular subject; as, the power […]

the power of the trustee directors of a non-profit institution to manage its affairs.

A cover that provides insurance for a power plant in case of the occurrence of any hazards, that are mentioned within the contract.

In E commerce, any device that can unite the data of transaction between a credit card processor, as well as a large merchant is known as a power platform .

A ratio which analyzes the revenue generated by a company in contrast to the percentage share of the audience that it can manipulate. Factors that are used for the power […]