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Assurance
Assurance1) Com. law. Insurance. 2) Conveyancing. This is called a common assurance. But the term assurances includes, in an enlarged sense, all instruments which dispose of property, whether they be the grants of private persons, or not; such are fines and recoveries, and private acts of the legislature. RELATED TERMS-------------------------------------- Law A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system. Insurance Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event. Common marriage law. a marriage in which no formal ceremony took place and no license exists. Assurance 1) Com. law. Insurance. 2) Conveyancing. This is called a common assurance. But the term assurances includes, in an enlarged sense, all instruments which dispose of property, whether they be the grants of private persons, or not; such are fines and recoveries, and private acts of the legislature. Term 1) Construction. Word; expression speech. 2) Contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement. 3) Estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 4) Practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court. Property Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property. Private Not general, as a private act of the legislature; not in office; as, a private person, as well as an officer, may arrest a felon; individual, as your private interest; not public, as a private way, a private nuisance. Legislature Government. That body of men in the state which has the power of making laws. SIMILAR TERMS-------------------------------------- Assumpsit Contracts. An undertaking either express or implied, to perform a parol agreement. Assumption of risk A doctrine under which a person may not recover for an injury received when he has voluntarily exposed himself to a known danger. Assured A person who has been insured by some insurance company, or underwriter, against losses or perils mentioned in the policy of insurance. Assurer One who insures another against certain perils and dangers. The same as underwriter. PREVIOUS AND NEXT TERMS-------------------------------------- Associate This term is applied to a judge who is not the president of a court; as associate judge. Association The act of a number of persons uniting together for some purpose; the persons so joined are also called an association. Association of average adjusters The organization of average adjusters in the United Kingdom. Assumpsit Contracts. An undertaking either express or implied, to perform a parol agreement. Assumption of risk A doctrine under which a person may not recover for an injury received when he has voluntarily exposed himself to a known danger. Assurance Assured A person who has been insured by some insurance company, or underwriter, against losses or perils mentioned in the policy of insurance. Assurer One who insures another against certain perils and dangers. The same as underwriter. Assythment Scotch law. An indemnification which a criminal is bound to make to the party injured or his executors, though the crime itself should be extinguished by pardon. Asylee An alien in the United States or at a port of entry who is found to be unable or unwilling to return to his or her country of nationality, or to seek the protection of that country because of persecution or a well-founded fear of persecution. Persecution or the fear thereof must be based on the alien’s race, religion, nationality, membership in a particular social group, or political opinion. For persons with no nationality, the country of nationality is considered to be the country in which the alien last habitually resided. Asylum A place, of refuge where debtors and criminals fled for safety. We thank you for using the Juridical Dictionary to search for Assurance. If you have a better definition for Assurance than the one presented here, please let us know by making use of the suggest a term option. This definition of Assurance may be disputed by other professionals. Our attempt is to provide easy definitions on Assurance and any other medical topic for the public at large.
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