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Lot
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LotAnything on which depends the accidental determination of a right by which we acquire or lose something; or it is that which fortuitously deter-mines what we are to acquire. When it can be certainly known what are our rights, we ought never to resort to a decision by lot; but when it is impossible to tell what actually belong to us, as if an estate is divided into three parts and one part given to each of three persons, the proper way to ascertain each one's part is to draw lots.
RELATED TERMS--------------------------------------
Determination
The end, the conclusion, of a right or authority.
Right
1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
Resort
The authority or jurisdiction of a court. The supreme court of the United States is a court of the last resort.
Decision
Practice. A judgment given by a competent tribunal. The French lawyers call the opinions which they give on questions propounded to them, decisions.
Lot
Anything on which depends the accidental determination of a right by which we acquire or lose something; or it is that which fortuitously deter-mines what we are to acquire. When it can be certainly known what are our rights, we ought never to resort to a decision by lot; but when it is impossible to tell what actually belong to us, as if an estate is divided into three parts and one part given to each of three persons, the proper way to ascertain each one's part is to draw lots.
Belong
In statutes referring to inhabitancy, the poor, etc., designates the place of a person's legal settlement, not merely his place of residence.
Estate
A right or interest in property or the property of a deceased person.
Each
Every one of the two or more composing the whole.
Proper
That which is essential, suitable, adapted, and correct.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
Loss in insurance
Contracts. A loss is the injury or damage sustained by the insured in consequence of the happening of one or more of the accidents or misfortunes against which the insurer, in consideration of the premium, has undertaken to indemnify the insured.
Lost
What was once possessed and cannot now be found.
Lost or not lost
These words are sometimes inserted in policies of marine insurance. They are used when the underwriter undertakes that if the ship or goods should be lost at the time of the insurance, still the underwriter is liable, provided there is no fraud.
Lost papers
When a paper containing an agreement between parties, a will, and the like, has been so mislaid, that after a diligent search it cannot be found, it is said to be lost.
Lot
Lot of ground
A small piece of land in a town or city usually employed for building, a yard, a garden or such other urban use. Lots are in-lots, or those within the boundary of the city or town, and out-lots, those which are out of such boundary, and which are used by some of the inhabitants of such town or city.
Louisiana
The name of one of the new states of the United States of America. This state was admitted into the Union by the act of congress, entitled "An act for the admission of the state of Louisiana into the Union, and to extend the laws of the United States to the said state," approved April 8, 1812.
Low water mark
That part of the shore of the sea to which the waters re- cede when the tide is the lowest.
Lowballing
Placing an unusually low bid to win the business. Often with the intent to inflate the price later with extras or change orders. Also can indicate a defective Request for Proposal.
Lowenfeld, andreas f.
Prescient author of articles on conflicts of law, especially international arbitration and international business law, and of Conflict of Laws.
RELATED TERMS--------------------------------------
Determination
The end, the conclusion, of a right or authority.
Right
1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself.
When
1) At which time, in wills, standing by itself unqualified and unexplained, this is a word of condition denoting the time at which the gift is to continence. 2) The context of a will may show that the word when is to be applied to the possession only, not to the vesting of a legacy; but to justify this construction, there must be circumstances, or other expressions in the will, showing such to have been the testator's intent.
Resort
The authority or jurisdiction of a court. The supreme court of the United States is a court of the last resort.
Decision
Practice. A judgment given by a competent tribunal. The French lawyers call the opinions which they give on questions propounded to them, decisions.
Lot
Anything on which depends the accidental determination of a right by which we acquire or lose something; or it is that which fortuitously deter-mines what we are to acquire. When it can be certainly known what are our rights, we ought never to resort to a decision by lot; but when it is impossible to tell what actually belong to us, as if an estate is divided into three parts and one part given to each of three persons, the proper way to ascertain each one's part is to draw lots.
Belong
In statutes referring to inhabitancy, the poor, etc., designates the place of a person's legal settlement, not merely his place of residence.
Estate
A right or interest in property or the property of a deceased person.
Each
Every one of the two or more composing the whole.
Proper
That which is essential, suitable, adapted, and correct.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Loss
contracts. The deprivation of something which one had, which was either advantageous, agreeable or commodious.
Loss in insurance
Contracts. A loss is the injury or damage sustained by the insured in consequence of the happening of one or more of the accidents or misfortunes against which the insurer, in consideration of the premium, has undertaken to indemnify the insured.
Lost
What was once possessed and cannot now be found.
Lost or not lost
These words are sometimes inserted in policies of marine insurance. They are used when the underwriter undertakes that if the ship or goods should be lost at the time of the insurance, still the underwriter is liable, provided there is no fraud.
Lost papers
When a paper containing an agreement between parties, a will, and the like, has been so mislaid, that after a diligent search it cannot be found, it is said to be lost.
Lot
Lot of ground
A small piece of land in a town or city usually employed for building, a yard, a garden or such other urban use. Lots are in-lots, or those within the boundary of the city or town, and out-lots, those which are out of such boundary, and which are used by some of the inhabitants of such town or city.
Louisiana
The name of one of the new states of the United States of America. This state was admitted into the Union by the act of congress, entitled "An act for the admission of the state of Louisiana into the Union, and to extend the laws of the United States to the said state," approved April 8, 1812.
Low water mark
That part of the shore of the sea to which the waters re- cede when the tide is the lowest.
Lowballing
Placing an unusually low bid to win the business. Often with the intent to inflate the price later with extras or change orders. Also can indicate a defective Request for Proposal.
Lowenfeld, andreas f.
Prescient author of articles on conflicts of law, especially international arbitration and international business law, and of Conflict of Laws.
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This dictionary contains 8526 terms.
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