Juridical Dictionary

This dictionary contains:
8526
juridical terms

Ministerial trusts






Ministerial trusts

These which are also called instrumental trusts, demand no further exercise of reason or understanding, than every intelligent agent must necessarily employ as to convey an estate. They are a species of special trusts, distinguished from discretionary trusts, which necessarily require much exercise of the understanding.

RELATED TERMS
--------------------------------------

Demand
Contracts. A claim; a legal obligation.

Reason
By reason is usually understood that power by which we distinguish truth from falsehood, and right from wrong; and by which we are enabled to combine means for the attainment of particular ends

Agent
An agent is a person who is authorised to carry out activities on behalf of his principal and to enter into commitments by which the principal will be bound. The term usually refers to a businessman who finds business for you and takes a commission.

Convey
To transfer property to someone by selling it or by other means.

Estate
A right or interest in property or the property of a deceased person.

Special
That which relates to a particular species or kind, opposed to general; as special verdict and general verdict; special imparlance and general imparlance; special jury, or one selected for a particular case, and general jury; special issue and general issue, &c.



SIMILAR TERMS
--------------------------------------

Minister
1) Government. An officer who is placed near the sovereign, and is invested with the administration of some one of the principal branches of the government. 2) International law. This is the general name given to public functionaries who represent their country abroad, such as ambassadors, nvoys, and residents. A custom of recent origin has introduced a new kind of ministers, without any particular determination of character; these are simply called ministers, to indicate that they are invested with the general character of a sovereign's mandatories, without any particular assignment of rank or character. 3) Ecclesiastical. law. One ordained by some church to preach the gospel. 4) Mediator. An officer appointed by the government of one nation, with the consent of two other nations, who have a matter in dispute, with a view by his interference and good office to have such matter settled.

Ministerial
That which is done under the authority of a superior; opposed to judidial; as, the sheriff is a ministerial officer bound to obey the judicial commands of the court.



PREVIOUS AND NEXT TERMS
--------------------------------------

Mil-reis
The name of a coin. The mil-reis of Portugal is taken as money of account, at the custom-house, to be of the value of one hundred and twelve cents.

Mind and memory
It is usual in considering the state of a testator at the time of making his will, to ascertain whether he was of sound mind and memory; that is, whether he had capacity to make a will. These words then import capacity, ability.

Mine
An excavation made for obtaining minerals from the bowels of the earth, and the minerals themselves are known by the name of mine

Minister
1) Government. An officer who is placed near the sovereign, and is invested with the administration of some one of the principal branches of the government. 2) International law. This is the general name given to public functionaries who represent their country abroad, such as ambassadors, nvoys, and residents. A custom of recent origin has introduced a new kind of ministers, without any particular determination of character; these are simply called ministers, to indicate that they are invested with the general character of a sovereign's mandatories, without any particular assignment of rank or character. 3) Ecclesiastical. law. One ordained by some church to preach the gospel. 4) Mediator. An officer appointed by the government of one nation, with the consent of two other nations, who have a matter in dispute, with a view by his interference and good office to have such matter settled.

Ministerial
That which is done under the authority of a superior; opposed to judidial; as, the sheriff is a ministerial officer bound to obey the judicial commands of the court.

Ministerial trusts

Minor
Persons. One under the age of twenty-one years, while in a state of infancy; one who has not attained the age of a major. The terms major and minor, are more particularly used in the civil law. The common law terms are adult and infant.

Minority
The state or condition of a minor; infancy. In another sense, it signifies the lesser number of votes of a deliberative assembly; opposed to majority.

Minority shareholder
A shareholder holding less than 50% of the voting rights attached to the equity and accordingly subject to the control of another shareholder or group of shareholders with the majority. There is a further 25% threshold below which the minority can prevent special resolutions being passed.

Mint
The place designated by law, where money is coined by authority of the government of the United States.

Minute
1) Measures. In divisions of the circle or angular measures, a minute is equal to sixty seconds, or one sixtieth part of a degree. 2) Practice. A memorandum of what takes place in court; made by authority of the court. From these minutes the record is afterwards made up. They are so called because the writing in which they were originally, was small, that the word is derived, from the Latin minuta, (scriptura) in opposition to copies which were delivered to the parties, and which were always written in a larger hand.

We thank you for using the Juridical Dictionary to search for Ministerial trusts. If you have a better definition for Ministerial trusts than the one presented here, please let us know by making use of the suggest a term option. This definition of Ministerial trusts may be disputed by other professionals. Our attempt is to provide easy definitions on Ministerial trusts and any other medical topic for the public at large.
 


This dictionary contains 8526 terms.