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Notice of abandonment
Notice of abandonmentIn marine insurance, a notice given by the insured to the insurer whereby the insured indicates that he wishes to treat a "constructive total loss" as an "actual total loss" and to abandon the subject-matter insured to the insurer RELATED TERMS-------------------------------------- Marine Whatever concerns the navigation of the sea, and forms the naval power of a nation is called its marine. Insurance Contracts. It is defined to be a contract of indemnity from loss or damage arising upon an uncertain event. Notice The information given of some act done, or the interpellation by which some act is required to be done. It also signifies, simply, knowledge; as A had notice that B was a slave. Insured Contracts. The person who procures an insurance on his property. Insurer Contracts. One who has obliged himself to insure the safety of another's property, in consideration of a premium paid, or secured to be paid, to him. Total Complete; containing the whole; as the total amount of an account is all the items of such account added together; total incapacity, is an absolute and complete incapacity to do a thing. A married woman is totally incapable to make a contract, because, although having intelligence, she has not legal capacity and an idiot is totally incapable to enter into a contract, because he has no will. Subject-matter The cause, the object, the thing in dispute. SIMILAR TERMS-------------------------------------- Notice The information given of some act done, or the interpellation by which some act is required to be done. It also signifies, simply, knowledge; as A had notice that B was a slave. Notice of dishonor The notice given by the holder of a bill of exchange or promissory note, to a drawer or endorser on the same, that it has been dishonored, either by not being accepted in the case of a bill, or paid in cue of an accepted bill or note. Notice to creditors A notice given by the bankruptcy court to all creditors of a meeting of creditors. Notice to quit A request from a landlord to his tenant, to quit the premises lessed, and to give possession of the same to him, the landlord, at a time therein men- tioned. Notice, to produce papers Practice, evidence. When it is intended to give seoondary evidence of a written instrument or paper, which is in: the possession of the opposite party, it ii, in general, requisite to give him notice to produce the same on the trial of the cause, before such secondary evidence can be admitted. Notify party A person identified in the bill of lading as the party to be notified by the carrier when the goods arrive at their destination. Noting The name of the minute made by a notary on a bill of exohange, after it has been presented for acceptance or payment, consisting of the initials of his name, the date of the day, month ana year when such presentment was made, and the reason, if any has been assigned, for nonacceptance or non-payment, together with his charge. The noting is not indispensable, it being only a part of the protest; it will not supply the protest. PREVIOUS AND NEXT TERMS-------------------------------------- Notary public Notary public or notary. An officer appointed by the executive, or other appointing power, under the laws of different states. Note Estates, convention, practice. The fourth part of a fine of lands: it is an abstract of the writ of covenant and concord, and is only a, doequet taken by the chirographer, from which he draws up the indenture. It is sometimes taken in the old books for the concord. Note of hand Contracts. Another name, less technical, for a promissory note. Notes Practice. Short statements of what transpires on the trial of a cause; they are generally made by the judge and the counsel, for their Own satisfaction Notice The information given of some act done, or the interpellation by which some act is required to be done. It also signifies, simply, knowledge; as A had notice that B was a slave. Notice of abandonment Notice of dishonor The notice given by the holder of a bill of exchange or promissory note, to a drawer or endorser on the same, that it has been dishonored, either by not being accepted in the case of a bill, or paid in cue of an accepted bill or note. Notice to creditors A notice given by the bankruptcy court to all creditors of a meeting of creditors. Notice to quit A request from a landlord to his tenant, to quit the premises lessed, and to give possession of the same to him, the landlord, at a time therein men- tioned. Notice, to produce papers Practice, evidence. When it is intended to give seoondary evidence of a written instrument or paper, which is in: the possession of the opposite party, it ii, in general, requisite to give him notice to produce the same on the trial of the cause, before such secondary evidence can be admitted. Notify party A person identified in the bill of lading as the party to be notified by the carrier when the goods arrive at their destination. We thank you for using the Juridical Dictionary to search for Notice of abandonment. If you have a better definition for Notice of abandonment than the one presented here, please let us know by making use of the suggest a term option. This definition of Notice of abandonment may be disputed by other professionals. Our attempt is to provide easy definitions on Notice of abandonment and any other medical topic for the public at large.
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