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Lira
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LiraThe name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venitian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.
RELATED TERMS--------------------------------------
Name
One or more words used to distinguish a particular individual, as Socrates, Benjamin Franklin.
Foreign
That which belongs to another country; that which is strange.
Coin
Commerce, contracts. A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.
Custom
French custume; Latin costuma; con, together, very; suere, to make one's own - have it one's own way. That length of usage which has become law; a usage which has acquired the force of law.
House
Estates. A place for the habitation and dwelling of man. This word has several significations, as it is applied to different things. In a grant or demise of a house, the curtilage and garden will pass, even without the words "with the appurtenances," being added.
Lira
The name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venitian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.
Kingdom
A country where an officer called a king exercises the powers of government, whether the same be absolute or limited. Wolff, Inst. Nat. 994. In some kingdoms the executive officer may be a woman, who is called a queen.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation
A fixed and determinate valuation of things which before were uncertain.
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
Lira
Lis
A suit; an action; a controversy in court; a dispute.
Lis alibi pendens
The defence that a lawsuit is pending elsewhere, between the same parties and concerning the same issues.
Lis mota
The cause of the suit or action. By this term is understood the commencement of the controversy, and the beginning of the suit.
Lis pendens
The pendancy of a suit; the time between which it is instituted and finally decided.
Lisbon rules
A set of rules on the assessment of damages in ship collisions (supra), prepared by the CMI and adopted at Lisbon in 1987. The Rules do not have the force of law, but are intended rather as guidelines for judges, arbitrators, insurers, average adjusters and others concerned with evaluating collision damages. They may also be chosen by the parties to a collision dispute, after it arises, to govern damage assessment.
RELATED TERMS--------------------------------------
Name
One or more words used to distinguish a particular individual, as Socrates, Benjamin Franklin.
Foreign
That which belongs to another country; that which is strange.
Coin
Commerce, contracts. A piece of gold, silver or other metal stamped by authority of the government, in order to determine its value, commonly called money.
Custom
French custume; Latin costuma; con, together, very; suere, to make one's own - have it one's own way. That length of usage which has become law; a usage which has acquired the force of law.
House
Estates. A place for the habitation and dwelling of man. This word has several significations, as it is applied to different things. In a grant or demise of a house, the curtilage and garden will pass, even without the words "with the appurtenances," being added.
Lira
The name of a foreign coin. In all computations at the custom house, the lira of Sardinia shall be estimated at eighteen cents and six mills. Act of March 22, 1846. The lira of the Lombardo-Venitian Kingdom, and the lira of Tuscany, at sixteen cents. Act of March 22, 1846.
Kingdom
A country where an officer called a king exercises the powers of government, whether the same be absolute or limited. Wolff, Inst. Nat. 994. In some kingdoms the executive officer may be a woman, who is called a queen.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Liquidated
That which is made clear, certain, and manifest; as, liquidated damages, ascertained damages liquidated debt, an ascertained debt, as to amount. A debt is liquidated when it is certain what is due, and how much is due, cum certum est an et quantum debeatur; for although it may appear that something is due, if it does not also appear how much is due, the debt is not liquidated. An unliquidated claim is one which one of the parties to the contract cannot alone render certain.
Liquidated damages
By this term is understood the fixed amount which a party to an agreement promises to pay to the other, in case he shall not fulfil some primary or principal engagement into which he has entered by the same agreement it differs from a penalty.
Liquidation
A fixed and determinate valuation of things which before were uncertain.
Liquidation value
The price that an owner is compelled to accept when a property must be sold without reasonable market exposure.
Liquidator
The liquidator is the person, other than the Official Receiver, responsible for dealing with the winding up of a company.
Lira
Lis
A suit; an action; a controversy in court; a dispute.
Lis alibi pendens
The defence that a lawsuit is pending elsewhere, between the same parties and concerning the same issues.
Lis mota
The cause of the suit or action. By this term is understood the commencement of the controversy, and the beginning of the suit.
Lis pendens
The pendancy of a suit; the time between which it is instituted and finally decided.
Lisbon rules
A set of rules on the assessment of damages in ship collisions (supra), prepared by the CMI and adopted at Lisbon in 1987. The Rules do not have the force of law, but are intended rather as guidelines for judges, arbitrators, insurers, average adjusters and others concerned with evaluating collision damages. They may also be chosen by the parties to a collision dispute, after it arises, to govern damage assessment.
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This dictionary contains 8526 terms.
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