In pleading and practice. Facts in issue ; opposed to probative or evidential facts, the latter being such as serve to establish or disprove the issues. Kahn v. Central Smelting […]
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ULTIMATE LOAD
Load of the absolute maximum a structure can bear without it failing.
ULTIMATE NET LOSS
the sum that the insurer or its representatives are legally required to pay through legal ruling or settlement. This sum can included medical and investigative costs.
ULTIMATE STRENGTH
The absolute load maximum a structure can stand before it will fail.
ULTIMATUM
Lat. The last. The final and ultimate proposition made in negotiating a treaty, or a contract, or the like.
ULTIMUM SUPPLICIUM
Lat. The extreme punishment; the extremity of punishment ; the punishment of death. 4 Bl. Comm. 17. Ultimum supplicium esse mortem so- lam interpretamur. The extremest punishment we consider to […]
ULTIMUS HiERES
Lat. The last or remote heir; the lord. So called iu contra- distinction to the /tares proximus and the hceres remotior. Dalr. Feud. Prop. 110.
ULTRA
Lat Beyond; outside of; in excess of. Damages ultra , damages beyond a sum paid into court.
ULTRA LARGE CRUDE CARRIER (ULCC)
Oil tanker with a dead weight tonnage, DWT, betweem250,000 and 500,000.
ULTRA VIRES
A body exercising an invalid excess or power of authority.
ULTRA VIRES ACTIVITIES
Corporate activities at odds with the charter.
ULTRA WIDE BAND (UWB)
Wireless technology like Bluetooth able to transmit large bites of data over a short distance and over a wide band frequency and spectrum.
ULTRASONIC INSPECTION
Technique used to locate defects in matter by passing sound energy through the material.
ULTRASOUND
Sound waves that have a frequency above 20,000Hz and cannot be heard by humans.
ULTRAVIOLET (UV) RAYS
Solar radiation that is invisible lying just beyond the violet end of a visible spectrum. Wavelength from 10 to 400 nanometres that harms living tissue.
ULTRAVIRES
It means outside ones jurisdiction . It is any financial action that is not covered legally under a companies laws. A third party can sue if this is mismanaged.
ULTRONEOUS WITNESS
In Scotch law. A volunteer witness; one who appears to give evidence without being called upon. 2 Alis. Crim. Pr. 303.
UMBRELLA FUND
Mutual fund investing in other funds. Also known as fund so funds.
UMBRELLA LIABILITY COVERAGE
Policy of liability insurance covering claims not covered or in excess of cover amount under basic policy for liability.
UMBRELLA POLICY
Additional insurance to cover specific liabilities or perils. It works with current insurance to fill gaps.
UMBRELLA REINSURANCE
Insurance sought to cover liabilities above and beyone primary insurance . It can also be used to fill in the cracks of primary insurance. This coverage is more broad than […]
UMPIRAGE
The decision of an umpire. The word “umpirage,” in reference to an umpire, is the same as the word “award,” in reference to arbitrators; but “award” is commonly applied to […]
UMPIRE
When matters in dispute are submitted to two or more arbitrators, and they do not agree in their decision, it is usual for another person to be called in as […]
UN RECOMMENDATIONS
Transport recommendations for dangerous goods . Class 1-explosives, Class 2- gases, Class-3 flammable liquids, Class 4-flammable solids, Class5-Infectious and toxic substances, Class 6-organic peroxides and oxidant substances, Class7- radioactive material, […]
UNA VOCE
Lat. With one voice; unanimously; without dissent.