Automatically terminated trust when it is fulfilled item purpose or of purpose becomes illegal, impractical, impossible or against public policy .
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TERMINATION OF TRUSTEESHIP
Trustee can be removed from office if trust document allows it, allowed for in a relevant statute or by a court order .
TERMINATION OPTION
When a swap can be calcelled at a certain time or if a trigger occurs.
TERMINATION STATEMENT
Lender signed document on an asset based mortgage lending bringing lender’s claim to an end on full payment.
TERMINER
L. Fr. To determine. See OYEB AND TEBMINEB.
TERMINI
Lat. Ends; bounds; limiting or terminating points.
TERMINO
In Spanish law. A common ; common land. Common because of vicinage . White, New Recop. b. 2, tit. 1, c. 6,
TERMINUM
A day given to a defendant. Spelman.
TERMINUM QUI PRETERIIT, WRIT OF ENTRY AD
A writ which lay for the reversioner , when the possession was withheld by the lessee, or a stranger, after the determination of a lease for years. Brown.
TERMINUS
Boundary; a limit, either of space or time. The phrases “terminus a quo” and “terminus ad quern” are used, respectively , to designate the starting point and terminating point of […]
TERMINUS HOMINIS
In English ecclesiastical practice. A time for the determination of appeals, shorter than the terminus juris , appointed by the judge. Hallifax, Civil Law, b. 3, c. 11, no. 36.
TERMINUS JURIS
In English ecclesiastical practice. The time of one or two years, allowed by law for the determination of appeals. Hallifax, CivU Law, b. 3, c. 11, no. 38.
TERMOR
He that holds lands or tenements for a term of years or life. But we generally confine the application of the word to a person entitled for a term of […]
TERMS AND CONDITIONS
Special and general arrangement , rule, requirements , standards etc. Forming integral parts of a contract or agreement.
TERMS OF EMPLOYMENT
Conditions and arrangements of an employment contract . Also known as terms and conditions of employment .
TERMS OF FREIGHT
Agreed upon conditions between shipper and carrier in regard to type and payment for freight.
TERMS OF PAYMENT
Payment conditions between buyer and seller. Terms are cash, open account , secured account.
TERMS OF REFERENCE
Statement showing background, objectives, purpose of a project, proposal or program.
TERMS OF SALE
Terms of delivery and payment agreed between the buyer and the seller.
TERMS OF TRADE
Quantity of imports a country can buy from proceeds of selling services and goods of a set quantity.
TEROTECHNOLOGY
Approach using mint disciplines to get the maximum benefit economically from physical assets.
TERRA
if it be for his interest to accept or reject the succession which has fallen to him. Civ. Code La. art. 1033.
TERRAGE
In old English law . A kind of tax or charge on land; a boon or duty of plowing, reaping, etc. Cowell.
TERRAGES
An exemption from all uncertain services. Cowell.
TERRARIUS
In old English law . A landholder.