Terms with Tag Legal

  • Friendly Takeover Definition,
    • When a company purchases another and both parties' management approve.
  • General Power of Attorney (GPOA)Acronym,
    • Generic Environmental Impact Statement (GEIS)Acronym,
      • Guarantee Definition,
        • An enforceable warranty on the promise of quality of a product or formal promise by one person to take responsibility for the debts or obligations of another person if that person fails to meet them.
      • Guarantor Definition,
        • Someone who guarantees something.
      • Homeowners Insurance Binder Definition,
        • A document accompanying a homeowner's insurance policy that verifies the property is properly insured.
      • Hostile Takeover Definition,
        • When a company purchases another but the target company's management does not approve.
      • Housing Discrimination Definition,
        • The illegal practice of discriminating against buyers or renters of dwellings on the basis of race, colour, religion, national origin, sex, family status or disability.
      • Illiquid Asset Definition,
        • An asset that cannot be sold easily or in a timely manner for its full value.
      • Import-Consumption Ratio (ICR)Acronym,
        • Incontestability Clause Definition,
          • A clause that places a time limit on how long an insurer has to void a policy due to a policyholder's accidental misstatement in his or her life insurance application.
        • Incorporated Business Definition,
          • A company that exists as a corporation.
        • Indefeasible Definition,
          • That which cannot be forfeited or done away with. Indemnity Protection or exemption from loss or damage.
        • Index Definition,
          • A table of yields or interest rates being paid on debt (such as Treasury notes or bank deposits) that is used to determine interest-rate changes.
        • Injunction Definition,
          • A court order that prohibits a party from taking a specific course of action.
        • Inspection Report Definition,
          • The documentation of a thorough examination of a house's visible structural parts and systems, conducted before purchase.
        • Insurance Attorney Definition,
          • An attorney who works with insurance law.
        • Interest Rate Cap Definition,
          • A limit to the interest rate increases and decreases on an adjustable rate loan; either from one adjustment period to the next or over the life of the loan.
        • International Centre for Settlement of Investment Disputes (ICSID) Company,
          • International Money Laundering Information Network (IMoLIN)Abbreviation,
            • Irrevocable Definition,
              • Unalterable.
            • Irrevocable Power of Attorney (IPA)Acronym,
              • Joint Liability Definition,
                • The responsibility of two or more people to repay a debt
              • Judgement Definition,
                • A determination by a court of law or a judicial decision.
              • Know-Your-Client (KYC)Acronym,
                • Know-Your-Customer (KYC)Acronym,
                  • Land Title Definition,
                    • The legal document conveying title to a property.
                  • Lasting Power of Attorney (LPA)Acronym,
                    • Law Society of British Columbia (LSBC) Company Est. 1869, British Columbia, Canada,
                      • Law Society of Upper Canada (LSUC) Company, Ottawa, Ontario, Canada,
                        Compare. Calculate. Apply today.
                        Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage