Juridical Dictionary

This dictionary contains:
8526
juridical terms

Low water mark






Low water mark

That part of the shore of the sea to which the waters re- cede when the tide is the lowest.

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Shore
Land on the side of the sea, a lake, or a river, is called the shore. Strictly speaking, however, when the water does not ebb and flow, in a river, there is no shore.

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.

Tide
The ebb and flow of the sea.



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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
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.

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

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.

Loyal
Legal; according to law; as, loyal matrimony, a lawful marriage; at- tached to the existing law.

Loyalty
That which adheres to the law, that which sustains an existing government.

Loyola maritime law journal
A maritime law review published by Loyola University New Orleans.

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This dictionary contains 8526 terms.