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HOLDER IN DUE COURSE
holder in due course.A person who in good faith has given value for a negotiable instrument that is complete and regular on its face, is not overdue, and, to the possessor’s knowledge, has not been dishonored. • Under UCC § 3-302, a holder in due course takes the instrument free of all claims and personal…
Read MoreBARRING OF ENTAIL
barring of entail.The freeing of an estate from the limitations imposed by an entail and permitting its free disposition. • This was anciently done by means of a fine or common recovery, but later by a deed in which the tenant and next heir join. — Also termed breaking of entail; disentailment. See ENTAIL. [Cases:…
Read MoreBARRIER TO ENTRY
barrier to entry.An economic factor that makes it difficult for a business to enter a market and compete with existing businesses. “Strictly speaking, a barrier to entry is a condition that makes the long-run costs of a new entrant into a market higher than the long-run costs of the existing firms in the market; a…
Read MoreBARRATRY
barratry (bar-<<schwa>>-tree orbair-), n.1. Vexatious incitement to litigation, esp. by soliciting potential legal clients. • Barratry is a crime in most jurisdictions. A person who is hired by a lawyer to solicit business is called a capper. See CAPPER(1). [Cases: Champerty and Maintenance 4(.5), 5(.5), 9. C.J.S. Champerty and Maintenance, Barratry and Related Matters §§…
Read MoreBARRATOR
barrator (bar-<<schwa>>-t<<schwa>>r), n. A fomenter of quarrels and lawsuits; one who stirs up dissension and litigation among people. — Also spelled barretor. Cf. CHAMPERTOR. “Barrator or Barater (Fr. Barateur, a Deceiver) Is a common mover or maintainer of Suits, Quarrels, or Parts, either in Courts or elswhere in the Country, and is himself never quiet,…
Read MoreBARONY
barony (bar-<<schwa>>n-ee).1.BARON(1).2.TENURE(2). BARRA barra (bah-r<<schwa>>). [Law French “bar”] Hist. 1.See PLEA IN BAR. 2. A barrister. — Also spelled barre.[Blacks Law 8th]
Read MoreBARONS OF THE EXCHEQUER
Barons of the Exchequer.Hist. The six judges of the Court of Exchequer. • After the 1873 transfer of the Court’s jurisdiction to the High Court of Justice, the judges were known as justices of the High Court. — Also termed barones scaccarii. See COURT OF EXCHEQUER.[Blacks Law 8th]
Read MoreBARON PARKE’S RULE
Baron Parke’s rule.See GOLDEN RULE.[Blacks Law 8th]
Read MoreBARONIAL COURT
baronial court.See COURT.[Blacks Law 8th]
Read MoreBARON ET FEME
baron et feme (bar-<<schwa>>n ay fem). [Law French] Hist. Husband and wife. See COVERTURE; FEME COVERT. [Blacks Law 8th]
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