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Valid
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ValidAn act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.
RELATED TERMS--------------------------------------
Act
1) Civil law, contracts. A writing which states in a legal form that a thing has been said, done, or agreed. 2) Evidence. The act of one of several conspirators, performed inpursuance of the common design, is evidence against all of them.
Deed
Only in relatively rare circumstances is a deed required to complete a transaction. In a commercial situation the most common use is where a variation or concession is made without the other party giving anything in return. A deed is enforceable regardless of the legal requirements for contracts such as the need for consideration. Where a deed is necessary, there are special requirements for a company wishing to enter into such an arrangement which may either involve use of the company or the signature of two directors or a director and a company secretary.
Will
A will is a legal document in which a person directs how his property is to be distributed after his death. Such documents must be executed in due form and must be duly witnessed.
Law
A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system.
Said
Before mentioned.
Valid
An act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Vadium mortuum
Contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an estate in fee, on condition that if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from the mortgagor.
Vadium vivum
Contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that sum out of the issues and profits of the land; it was so called because neither the money nor the lands were lost, and were not left in lead pledge, but this was a living pledge, for the profits of the land were constantly paying off the debt.
Vagabond
One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms.
Vagrant
A tramp or homeless person.
Vagueness
Uncertainty.
Valid
Valuable consideration
Contracts. An equivalent for a thing purchased.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
Valuation process
A systematic procedure employed to provide the answer to a client's question about real property value.
Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.
Value received
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it.
RELATED TERMS--------------------------------------
Act
1) Civil law, contracts. A writing which states in a legal form that a thing has been said, done, or agreed. 2) Evidence. The act of one of several conspirators, performed inpursuance of the common design, is evidence against all of them.
Deed
Only in relatively rare circumstances is a deed required to complete a transaction. In a commercial situation the most common use is where a variation or concession is made without the other party giving anything in return. A deed is enforceable regardless of the legal requirements for contracts such as the need for consideration. Where a deed is necessary, there are special requirements for a company wishing to enter into such an arrangement which may either involve use of the company or the signature of two directors or a director and a company secretary.
Will
A will is a legal document in which a person directs how his property is to be distributed after his death. Such documents must be executed in due form and must be duly witnessed.
Law
A rule or body of rules of conduct inherent in human nature and essential to or binding upon human society. The learned profession that is mastered by graduate study in a law school and that is responsible for the judicial system.
Said
Before mentioned.
Valid
An act, deed, will, and the like, which has received all the formalities required by law, is said to be valid or good in law.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Vadium mortuum
Contracts. A mortgage or dead-pledge; it is a security given by the borrower of a sum of money, by which he grants to the lender an estate in fee, on condition that if the money be not repaid at the time appointed, the estate so put in pledge shall continue to the lender as dead or gone from the mortgagor.
Vadium vivum
Contracts. A species of security by which the borrower of a sum of money, made over his estate to the lender, until he had received that sum out of the issues and profits of the land; it was so called because neither the money nor the lands were lost, and were not left in lead pledge, but this was a living pledge, for the profits of the land were constantly paying off the debt.
Vagabond
One who wanders about idly, who has no certain dwelling. The ordonnances of the French define a vagabond almost in the same terms.
Vagrant
A tramp or homeless person.
Vagueness
Uncertainty.
Valid
Valuable consideration
Contracts. An equivalent for a thing purchased.
Valuation
The act of ascertaining the worth of a thing; or it is the esti-mated worth of a thing
Valuation process
A systematic procedure employed to provide the answer to a client's question about real property value.
Value
Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange.
Value received
This phrase is usually employed in a bill of exchange or promissory note, to denote that a consideration has been given for it.
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This dictionary contains 8526 terms.
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