a rule that a company director is bound by duty to give certain information to the stockholders .

A book containing original entries that is ditinct from a general journal that is used for recording only specific types of transactions that are repeated during the month.

a court that has the power to handle certain cases that are specified by law and is called a court of special jurisdiction .

an act by a legislature that is enacted to benefit a certain group or person as opposed to the community.

A lien that includes the right to sell a property in default after giving notice and without getting a foreclosure .

This s something that a defendant can call upon when defending himself. The plaintiff is given notice of any special matter to be introduced.

A term used in the travel industry for an alternative meal ordered in advance by passengers. It may be for a child, vegetarian , low salt for example.

A meeting of share holders called in order to discuss a specific matter that has ben stated in the meeting notice.

An account for money where it can absorb the costs incurred by a capital loss .

the name of a motion hat a court can set up at its discretion rather than a motion that must be granted.

A policy that eliminates the need for more than one contract by combining all of them into the same policy.

A supplememntal fund given to a person with a disability that does not jeopardise any government support payments.

An insurance policy that only covers the item stated in the contract.

A form that has been nearly replaced by Building and Personal Property Coverage Form and covers commercial risks for all perils.

the name applied to a pleading beyond the denial of the plaintiff’s charges that can include justification for an action.

An interest in property that has been appointed by the person donating.

These are the rights that are granted to a person or a group of people that may not be granted to everyone universally.

the term that is given to any remedy that is not an ordinary action. See proceeding, ordinary.

the name of an attorney that is retained by the prosecuting lawyer to assist him in trying a case. See special counsel .

A municipal bond that is paid from taxes that are collected from those who will benefit from the project that is financed by the bond. Called an assessment bond. See […]

A legal entitiy that is created in order to insulate an issuer of an asset based security from the originator of said asset. A special purpose vehicle.

This structure in business lets companies operate smaller operations without the worry of a large risk financially.

A legal entity that is created to serve one function such as facilitating a financial arrangement or creating a financial instrument .

An auditor certified document that measures how a company or business has complied with GAAP.

A resolution that requires an important decision to alter terms of articles of association or memorandam of association . It requires no less than 21 days notice, no less than […]