Guarantee given to the prime contractor by the subcontractor ensuring performance .

Segments or pockets of culture that have different norms, customs, values due to geographical difference or goals and requirements .

In Hindu law. The best; tbe fore-court of a house; the chief seat of gov- ernment, contradistinguished from “mofus- sil,” or interior of the country; the presiden- cy. Wharton.

Lat In old English law . A vassal; a dependent; any one under the power of another. Spelman.

To divide a part into smaller parts; to separate into smaller divisions. As, where an estate is to be taken by some of the heirs per stirpes , it is […]

Individual responsible for dividing large land parcels into smaller plots for sale.

Piece of land that is divided into smaller plots.

In English probate practice, to subduct a caveat is to withdraw it

Lat In the civil law . To sell at public auction , which was done sub hasta, under a spear; to put or sell under the spear. Calvin.

Lat. In the civil law . A sale by public auction , which was done under a spear, tixed up at the place of sale as a public sign of […]

The system which the feudal tenants introduced of granting smaller estates out of those which they held of their lord, to be held of themselves as inferior lords. As this […]

A company with a poor credit rating implying a shaky investment history. This is also referred to as a

In logic. That concerning which the affirmation in a proposition is made; the first word in a proposition . An individual matter considered as the object of legislation . The […]

Method of record management where documents are coded, classified and stored by subject matter .

the name that is given to the matter that is in dispute.

Premium paid by the ceding insurer upon which the premium for reinsurance is based.

1. Conditional or dependent on something. 2. Being under domination as of a authority or government subject to the whims of the boss.3. Exposed or open to undesirable or unfortunate […]

An auditor has vouched for the acceptance of a firm’s financial statements.

The thing in controversy , or the matter spoken or written about. Sublata causa tollitur effectus. Co. I.itt. 303. The cause being removed the effect ceases. Sublata veneratione magistratuum, respublica […]

The obligation of one or more persons to act at the discretion or ac- cording to the judgment and will of others.

Related to or based on beliefs, attitudes and opinions instead of verifiable evidence. In contrast to objective.

An error that is systemic and caused by the bias or prejudice of an individual .

The numeric measure of probability reflecting the degree to which a personal belief indicates the likelihood of it occurring.

Early 19th century legal concept where the existence of an agreement that was binding was determined the intention between parties.

A lease by a tenant to another person of a part of tbe premises held by him; an under-lease .