LIEN

lien (leen orlee-<<schwa>>n), n. A legal right or interest that a creditor has in another’s property, lasting usu. until a debt or duty that it secures is satisfied. • Typically, the creditor does not take possession of the property on which the lien has been obtained. Cf. PLEDGE(3). [Cases: Liens  1.C.J.S. Liens §§ 2–3, 12,…

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RELATIONSHIP

relationship. The nature of the association between two or more people; esp., a legally recognized association that makes a difference in the participants’ legal rights and duties of care. attorney–client relationship.The formal legal representation of a person by a lawyer. • An attorney–client relationship may be found, for disciplinary purposes, without any formal agreement. confidential…

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BROKER

broker,n.1. An agent who acts as an intermediary or negotiator, esp. between prospective buyers and sellers; a person employed to make bargains and contracts between other persons in matters of trade, commerce, or navigation. • A broker differs from a factor because the broker usu. does not have possession of the property. Cf. FACTOR. [Cases:…

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PROCURATOR

procurator (prok-y<<schwa>>-ray-t<<schwa>>r), n. 1.Roman law. A person informally appointed to represent another in a judicial proceeding; PROCURATOR LITIS. Cf. COGNITOR. 2.Roman law. A government official, usu. subordinate in authority to a provincial governor; one of several imperial officers of the Roman Empire entrusted with the management of the financial affairs of the province and often…

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BOND

BOND bond,n.1. An obligation; a promise. “[A]n obligation, or in English a ‘bond,’ is a document written and sealed containing a confession of a debt; in later times ‘contract’ is the genus, ‘obligation’ the species.” 2 Frederick Pollock & Frederic W. Maitland, The History of English Law 207 (2d ed. 1899). A written promise to…

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ATTORNEY

attorney. 1. Strictly, one who is designated to transact business for another; a legal agent. — Also termed at-torney-in-fact; private attorney. 2. A person who practices law; LAWYER. — Also termed  (in  sense  2)  attor-ney-at-law;  public  attorney.  Cf.  COUNSEL.  —  Abbr.  att’y.  Pl. attorneys.[Cases:  Attorney  and  Client    63.  C.J.S.  Attorney  and  Client  §§  165–166,  179–181,…

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ADMISSION

  admission (ad-mish-<<schwa>>n), n.1. Any statement or assertion made by a party to a case and offered against that party; an acknowledgment that facts are true. Cf. CONFESSION. [Cases: Criminal  Law    405;  Evidence    200–205.  C.J.S.  Criminal  Law  §  877;  Evidence  §§  293,  340, 364–467, 469–471.] admission  against interest.A  person’s  statement  acknowledging  a  fact that  is…

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ADJUDICATIO.

actio    finium    regundorum    (ak-shee-oh    fI-nee-<<schwa>>m    ri-g<<schwa>>n-dor-<< schwa>>m).  [Latin  “action  for  regulation  of  boundaries”]  Roman  law.  An  action  among neighboring proprietors to fix or to preserve property boundaries. See ADJUDICATIO. actio furti (ak-shee-oh f<<schwa>>r-tI).Roman law. An action by which the owner of stolen goods can, according to the circumstances, recover a multiple of their value from…

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ACCOUNT

account,n.1.ACCOUNTING(3) <the principal filed an action for account against his agent>. — Also spelled (archaically) accompt. “The action of account lies where one has received goods or money for another in a fiduciary capacity, to ascertain and recover the balance due. It can only be maintained where there is such a relationship between the parties,…

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