Juridical Dictionary

This dictionary contains:
8526
juridical terms

Stipulated damages




Stipulated damages

Contracts. The sum agreed by the parties to be paid, on a breach of a contract, by the party violating his engagement to the other.

RELATED TERMS
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Parties
Contracts. Those persons who engage themselves to do, or not to do the matters and things contained in an agreement.

Breach
The breaking or violating of a law, right, or duty, either by commission or omission. The failure of one part to carry out any condition of a contract.

Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.

Party
Practice, contracts. When applied to practice, by party is understood either the plaintiff or defendant. In contracts, a party is one or more persons who engage to perform or receive the performance of some agreement.

Engagement
This word is frequently used in the French law to signify not only a contract, but the obligations arising from a quasi contract.



SIMILAR TERMS
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Stipulatio sponsolitia
Stipulatio sponsolitia or sponsolia. A promise lawfully made between persons capable of marrying each other, that at some future time they will marry

Stipulation
contracts. In the Roman law, the contract of stipulation was made in the following manner, namely; the person to whom the promise was to be made, proposed a question to him from whom it was to proceed, fully expressing tho nature and extent of the engagement and, the question so proposed being answered in the affirmative, the obligation was complete.



PREVIOUS AND NEXT TERMS
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Stevedore
A person employed in loading and unloading vessels.

Steward of all england
Seneschallus totius Angliae. An officer among the English who was invested with various powers, and, among others, it was his duty to preside on the trial of peers.

Stews
English law. Places formerly permitted in England to women of professed lewdness, and who, for hire, would prostitute their bodies to all comers.

Stillicidium
Civil law. The rain water that falls from the roof or eaves of a house by scattered drops. When it is gathered into a spout it is called flumen.

Stint
English law. The proportionable part of a man's cattle, which he may keep upon the common.

Stipulated damages

Stipulatio sponsolitia
Stipulatio sponsolitia or sponsolia. A promise lawfully made between persons capable of marrying each other, that at some future time they will marry

Stipulation
contracts. In the Roman law, the contract of stipulation was made in the following manner, namely; the person to whom the promise was to be made, proposed a question to him from whom it was to proceed, fully expressing tho nature and extent of the engagement and, the question so proposed being answered in the affirmative, the obligation was complete.

Stirpes
Descents. The root, stem, or stock of a tree. Figuratively, it signifies, in law, that person from whom a family is descended, and also the kindred or family.

Stock
1) Merchant law. The capital of a merchant tradesman, or other person including his merchandise, money and credits. In a narrower sense it signifies only the goods and wares he has for sale and traffic. The capital of corporations is also called stock; this is usually divided into shares of a definite value, as one hundred dollars, fifty dollars per share. 2) Descents. This is a metaphorical expression which designates, in the genealogy of a family, the person from whom others are descended: those persons who have so descended are called branches.

Stocks
Criminal law. A machine commonly made of wood, with boles in it, in which to confine persons accused of or guilty of a crime.

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This dictionary contains 8526 terms.







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