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| This dictionary contains: 8526 juridical terms |
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Settlor
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SettlorThe person who sets up a trust. Also referred to as "grantor."
RELATED TERMS--------------------------------------
Person
This word is applied to men, women and children, who are called natural persons.
Trust
Contracts, devises. An equitable right, title or interest in property, real or personal, distinct from its legal ownership; or it is a personal obligation for paying, delivering or performing anything, where the person trusting has no real. right or security, for by, that act he confides altogether to the faithfulness of those intrusted. This is its most general meaning, and includes deposits, bailments, and the like. In its more technical sense, it may be defined to be an obligation upon a person, arising out of a confidence reposed in him, to apply property faithfully, and according to such confidence.
SIMILAR TERMS--------------------------------------
Settle, to
To adjust or ascertain to pay.
Settlement
1) Domicil. The right which a person has of being considered as resident of a particular place. 2) Contracts. The conveyance of an estate, for the benefit of some person or persons.
Settlement agreement
The written version of the settlement.
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Setoff
A debt or financial obligation of one spouse that the court weighs against a debt or financial obligation of the other spouse.
Set-off
Contracts, practice. Defalcation; a demand which a defen-dant makes against the plaintiff in the suit for the purpose of liquidating the whole or a part of his claim.
Settle, to
To adjust or ascertain to pay.
Settlement
1) Domicil. The right which a person has of being considered as resident of a particular place. 2) Contracts. The conveyance of an estate, for the benefit of some person or persons.
Settlement agreement
The written version of the settlement.
Settlor
Sever, to
Practice. When defendants who are sued jointly have separate de-fences, they may in general sever, that is, each one rely on his own separate defence; each may plead severally and insist on his own separate plea.
Severability
The understanding that one clause in a contract is independent of the others.
Severability clause
A clause in a contract providing that even if one clause is found to be illegal or invalid by a court, the others are still operative and must be complied with.
Several
A state of separation or partition. A several agreement or cove-nant, is one entered into by two or more persons separately, each binding himself for the whole; a several action is one in which two or more persons are separately charged; a several inheritance, is one conveyed so as to descend, or come to two persons separately by moieties. Several is usually opposed to joint.
Severalty
Title to an estate. An estate in severalty is one which is held by the tenant in his own right only, without any other being joined or connected with him in point of interest, during the continuance of his estate.
RELATED TERMS--------------------------------------
Person
This word is applied to men, women and children, who are called natural persons.
Trust
Contracts, devises. An equitable right, title or interest in property, real or personal, distinct from its legal ownership; or it is a personal obligation for paying, delivering or performing anything, where the person trusting has no real. right or security, for by, that act he confides altogether to the faithfulness of those intrusted. This is its most general meaning, and includes deposits, bailments, and the like. In its more technical sense, it may be defined to be an obligation upon a person, arising out of a confidence reposed in him, to apply property faithfully, and according to such confidence.
SIMILAR TERMS--------------------------------------
Settle, to
To adjust or ascertain to pay.
Settlement
1) Domicil. The right which a person has of being considered as resident of a particular place. 2) Contracts. The conveyance of an estate, for the benefit of some person or persons.
Settlement agreement
The written version of the settlement.
PREVIOUS AND NEXT TERMS--------------------------------------
Setoff
A debt or financial obligation of one spouse that the court weighs against a debt or financial obligation of the other spouse.
Set-off
Contracts, practice. Defalcation; a demand which a defen-dant makes against the plaintiff in the suit for the purpose of liquidating the whole or a part of his claim.
Settle, to
To adjust or ascertain to pay.
Settlement
1) Domicil. The right which a person has of being considered as resident of a particular place. 2) Contracts. The conveyance of an estate, for the benefit of some person or persons.
Settlement agreement
The written version of the settlement.
Settlor
Sever, to
Practice. When defendants who are sued jointly have separate de-fences, they may in general sever, that is, each one rely on his own separate defence; each may plead severally and insist on his own separate plea.
Severability
The understanding that one clause in a contract is independent of the others.
Severability clause
A clause in a contract providing that even if one clause is found to be illegal or invalid by a court, the others are still operative and must be complied with.
Several
A state of separation or partition. A several agreement or cove-nant, is one entered into by two or more persons separately, each binding himself for the whole; a several action is one in which two or more persons are separately charged; a several inheritance, is one conveyed so as to descend, or come to two persons separately by moieties. Several is usually opposed to joint.
Severalty
Title to an estate. An estate in severalty is one which is held by the tenant in his own right only, without any other being joined or connected with him in point of interest, during the continuance of his estate.
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This dictionary contains 8526 terms.
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