A challenge of a juror for a cause which carries with it, prima facie , evident marks of suspicion either of malice or favor; as that a juror is of […]

One whose claim or demand very greatly exceeds the claims of all other creditors in amount is sometimes so called. See In re Sullivan’s Estate, 25 Wash. 430. 05 Pac. […]

The main operator of an insured vehicle.

the term that is used for the main fact that is in dispute in a case.

a term that is used to describe the person who commits a criminal act .

The amount of money that the borrower agrees to pay the lender or the holder of the note.

The headquarters that holds the senior executives of a firm and is usually the centre from where other locations are controlled.

An individual who holds more than 10 percent of a company’s stocks or shares.

The strip required to be eligible to receive the due amount on the maturity of the bond or the date of redemption.

The amount that is payable by the insurance company for death by accident. In case, the individual loses limbs, a portion of the principal sum is paid.

A relationship wherin an individual acts in place of another individual. The agent will work in place of the individual known as the principal.

The 4 components that are used to determine the mortgage installment on a property that is payable on a monthly basis. It can used in two ways: (1) Before the […]

I,at. Principal; a principal debtor; a principal in a crime. Principalis deket semper excuti ante- quam per.cniatizr ad fidcijussores. The principal should always be exhausted before coming upon the sureties. […]

A mortgage that pays its principal from the securites. The price goes down as interest rates raise causing a slower repayment. The interest coupons are paid to investors in the […]

A primary concept, assumption, etc that is held to be true and fundamental for a particular field, procedure, knowledge. It is used to predict the course of related entities.

The greater the level of activities that are undertaken in a specific period, the lower the yielded benefit, assuming that other factors are constant.

Assuming that all other factors remain constant, this principle states that for every additional quantity of a good consumed, the marginal satisfaction derived for the user decreases.

The changing of a business’ operations according to the environment or vice versa, depending on whichever change involves the least effort and cost.

The fundamental criminal law that states that anything not forbidden by the law is legal.

A fundamental concept that a problem is best solved in the organization of the system itself.

in patent law , the principle of a machine is the particular means of producing a given result by a mechanical contrivance. Parker v. Sliics, 5 McLean, 44, 03, Fed. […]

Fundamental truths or doctrines of law; comprehensive rules or doctrines which furnish a basis or origin lor others; settled rules of action, procedure, or legal determination .

GAAP enforced rules and regulations.

Utilization of GAAP set practices to perform accounting.

The primary mechanism in a laser printer that converts the signals of the print controller into the needed printed image. They are differentiated on the basis of pages per minute, […]