Lat. For the like reason ; by like mode of reasoning. Paria copulantur paribus. Like things unite with like. Bac. Max. Paribus sententiis reus absolvitur. Where the opinions are equal, […]
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P
PARIENTES
In Spanish law. Relations. White, New Recop. b. 1, tit. 7, c. 5,
PARIES
Lat. In the civil law . A wall. Paries est, sive murus, sive inaceria est. Dig. 50, 16, 157.
PARIS CLUB MEETING
When a debtor and creditor meet to avoid default.
PARIS CONVENTION
Created and signed back in 1883, the Paris Convention provided a couple of different rights, specifically i) Any citizen, or resident of a signatory country, will be able to gain […]
PARIS INTERBANK OFFERED RATE (PIBOR)
French alternative to the London Interbank Offered Rate
PARIS, DECLARATION OF
See DECLARATION .
PARISH
In English law . A circuit of ground, committed to the charge of one parson or vicar, or other minister having cure of souls therein. 1 Bl. Comm. 111. Wilson […]
PARISHIONERS
Members of a parish. In England, for many purposes they form a body politic .
PARITOR
A beadle; a summoner to the courts of civil law. Parium eadem est ratio, idem jns. Of things equal, the reason is the same, and the same is the law.
PARITY
Maintaining equality between two entities.
PARITY BIT
Any binary digit, 0 or 1, which is added to a set of different bits in order to make them even or odd. It is primarily used for analyzing the […]
PARITY CLAUSE
A provision provided in certain mortgage agreements, which gives the option to secure all of the mortgage notes. None of the collateral holders have any precedence over the others, in […]
PARITY DEBT
A debt which has been taken by keeping security, or collateral that is equal to the value of the debt provided.
PARITY PRICE
The price of a commodity when it is linked with other commodities .
PARITY PRICING
A methodology which states that the selling price of a product must be increased in accordance with the price of the input used in the production.
PARITY PRODUCTS
Similar products; which can be substituted for one another.
PARIUM JUDICIUM
The judgment of peers; trial by a jury of one’s peers or equals.
PARK
In English law . A tract of inclosed ground privileged for keeping wild beasts of the chase , particularly deer; an inclosed chase extending only over a man’s own grounds. […]
PARKER
A park-keeper.
PARKING
In municipal law and administration . A strip of land, lying either in the middle of the street or in the space between the building line and the sidewalk, or […]
PARKINSON’S LAW
A law which states that work is spread over the time given for its completion. It states that a large sized bureaucracy will generate for itself a significant amount of […]
PARLE HILL, or PARLING HILL
A hill where courts were anciently held. Cowell.
PARLIAMENT
The supreme legislative assembly of Great Britain and Ireland, consisting of the king or queen and the three estates of the realm , viz., the lords spiritual, the lords temporal, […]
PARLIAMENTARY
Relating or belonging to , connected with, enacted by or proceeding from, or characteristic of, the English parliament in particular , or any legislative body in general.