PRO EMPTORE

pro emptore (proh emp-tor-ee). [Latin] Civil law. As a purchaser; by the title of a purchaser. See USUCAPIO. [Blacks Law 8th]

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PROCEEDS

proceeds (proh-seedz), n.1. The value of land, goods, or investments when converted into money; the amount of money received from a sale <the proceeds are subject to attachment>.2. Something received upon selling, exchanging, collecting, or otherwise disposing of collateral. UCC § 9-102(a)(64). • Proceeds differ from other types of collateral because they constitute any collateral…

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PROCEEDING

proceeding. 1. The regular and orderly progression of a lawsuit, including all acts and events between the time of commencement and the entry of judgment. 2. Any procedural means for seeking redress from a tribunal or agency. 3. An act or step that is part of a larger action. 4. The business conducted by a…

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PROCEDURE

procedure. 1. A specific method or course of action. 2. The judicial rule or manner for carrying on a civil lawsuit or criminal prosecution. — Also termed rules of procedure. See CIVIL PROCEDURE; CRIMINAL PROCEDURE. [Blacks Law 8th]

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