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American-style option.See American option under OPTION. [Blacks Law 8th]

American  Stock  Exchange.An  organized  stock  exchange  and  self-regulating  organization under  the  Securities  Exchange  Act  of  1934,  located  in  New  York  City  and  engaged  in  national trading of corporate stocks. • It often trades in the securities of young or small companies because its  listing  requirements  are  less  strict  than  those  of  the  New  York  Stock …

American Society of Writers on Legal Subjects.The formal name for Scribes, an association of  lawyers  dedi-cated  to  the  improvement  of  legal  writing.  Founded  in  1953,  it sponsors  annual writing competitions and publishes The Scribes Journal of Legal Writing, the first journal devoted exclusively to legal writing. [Blacks Law 8th]

American  Society  of  Composers,  Authors,  and  Publishers.Copyright.  One  of  the  U.S. performing-rights so-cieties that license and police the public performance of nondramatic musical works on behalf of the copyright owners. — Abbr. ASCAP.[Blacks Law 8th]

American share.See SHARE(2). [Blacks Law 8th]

American rule. 1. The general policy that all litigants, even the prevailing one, must bear their own  attorney’s  fees.  •  The  rule  is  subject  to  bad-faith  and  other  statutory  and  contractual exceptions. Cf. ENGLISH RULE. [Cases: Costs    194.16; Federal Civil Procedure    2737.1. C.J.S. Costs § 125.] 2. The doctrine that a witness cannot be questioned…

American Printing House for the Blind.A federally aided institution that assists blind children by  distributing Braille books, talking books, and  educational aids without charge.  • The  printing house was incorporated in Kentucky in 1858. — Abbr. APH.

American  Patent  Law  Association.See  AMERICAN  INTELLECTUAL  PROPERTY  LAW ASSOCIATION . [Blacks Law 8th]

American option.See OPTION. [Blacks Law 8th]

American National Standards Institute.A private nonprofit organization, founded in 1918, that administers   the   U.S.   standardization-   and   conformity-assessment   system   and   coordinates voluntary participants in the system. — Abbr. ANSI. [Blacks Law 8th]