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| This dictionary contains: 8526 juridical terms |
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Price
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Pricecontracts. The consideration in money given for the purchase of a thing.
RELATED TERMS--------------------------------------
Consideration
Under common law, there can be no binding contract without consideration, which was defined in an 1875 English decision as "some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other". Common law did not want to allow gratuitous offers, those made without anything offered in exchange (such as gifts), to be given the protection of contract law. So they added the criteria of consideration. Consideration is not required in contracts made in civil law systems and many common law states have adopted laws which remove consideration as a prerequisite of a valid contract.
Money
Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money.
Purchase
In its most enlarged and technical sense, purchase signifies the lawful acquisition of real estate by any means whatever, except descent. It is thus defined by Littleton, section 12. "Purchase is called the possession of lands or tenements that a man hath by his own deed or agreement, unto which possession he cometh, not by title of descent from any of his ancestors or cousins, but by his own deed."
SIMILAR TERMS--------------------------------------
Price current
The price for which goods, usually sell in the market. A printed newspaper containing a list of such prices is also called a price current.
PREVIOUS AND NEXT TERMS--------------------------------------
Pretext
The reasons assigned to justify an act, which have only the appearance of truth, and which are without foundation; or which if true are not the true reasons for such act.
Pretium affectionis
An imaginary value put upon a thing by the fancy of the owner in his affection for it, or for the person from whom he obtained it.
Pretrial conference
Conference among the opposing attorneys and the judge called at the discretion of the court to narrow the issues to be tried and to make a final effort to settle the case without a trial.
Prevarication
Praevaricatio, civil law. The acting with unfaithfulness and want of probity. The term is applied principally to the act of concealing a crime.
Prevention
Civil and French law. The right of a judge to take cognizance of an action over which he has concurrent jurisdiction with another judge.
Price
Price current
The price for which goods, usually sell in the market. A printed newspaper containing a list of such prices is also called a price current.
Prima facie
The first blush; the first view or appearance of the business; as, the holder of a bill of exchange, indorsed in blank, is prima facie its owner.
Prima facie case
A case that is sufficient and has the minimum amount of evidence necessary to allow it to continue in the judicial process.
Prima impressionis
(United Kingdom) On first impression.
Prima tonsura
A grant of a right to have the first crop of grass.
RELATED TERMS--------------------------------------
Consideration
Under common law, there can be no binding contract without consideration, which was defined in an 1875 English decision as "some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other". Common law did not want to allow gratuitous offers, those made without anything offered in exchange (such as gifts), to be given the protection of contract law. So they added the criteria of consideration. Consideration is not required in contracts made in civil law systems and many common law states have adopted laws which remove consideration as a prerequisite of a valid contract.
Money
Gold, silver, and some other less precious metals, in the progress of civilization and commerce, have become the common standards of value; in order to avoid the delay and inconvenience of regulating their weight and quality whenever passed, the governments of the civilized world have caused them to be manufactured in certain portions, and marked with a Stamp which attests their value; this is called money.
Purchase
In its most enlarged and technical sense, purchase signifies the lawful acquisition of real estate by any means whatever, except descent. It is thus defined by Littleton, section 12. "Purchase is called the possession of lands or tenements that a man hath by his own deed or agreement, unto which possession he cometh, not by title of descent from any of his ancestors or cousins, but by his own deed."
SIMILAR TERMS--------------------------------------
Price current
The price for which goods, usually sell in the market. A printed newspaper containing a list of such prices is also called a price current.
PREVIOUS AND NEXT TERMS--------------------------------------
Pretext
The reasons assigned to justify an act, which have only the appearance of truth, and which are without foundation; or which if true are not the true reasons for such act.
Pretium affectionis
An imaginary value put upon a thing by the fancy of the owner in his affection for it, or for the person from whom he obtained it.
Pretrial conference
Conference among the opposing attorneys and the judge called at the discretion of the court to narrow the issues to be tried and to make a final effort to settle the case without a trial.
Prevarication
Praevaricatio, civil law. The acting with unfaithfulness and want of probity. The term is applied principally to the act of concealing a crime.
Prevention
Civil and French law. The right of a judge to take cognizance of an action over which he has concurrent jurisdiction with another judge.
Price
Price current
The price for which goods, usually sell in the market. A printed newspaper containing a list of such prices is also called a price current.
Prima facie
The first blush; the first view or appearance of the business; as, the holder of a bill of exchange, indorsed in blank, is prima facie its owner.
Prima facie case
A case that is sufficient and has the minimum amount of evidence necessary to allow it to continue in the judicial process.
Prima impressionis
(United Kingdom) On first impression.
Prima tonsura
A grant of a right to have the first crop of grass.
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This dictionary contains 8526 terms.
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