ACT AND WARRANT

act and warrant.Scots law.A sheriff’s order appointing a trustee in bankruptcy, upon which the trustee assumes office and becomes vested with the bankruptcy estate. [Blacks Law 8th]

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ACT AND DEED

act  and  deed.  1.  A  formally  delivered  written  instrument  that  memorializes  a  bargain  or transaction. 2.Hist. Words in a traditional spoken formula used when signing a legal instrument. • Immediately after signing, the party would touch the seal and declare, “I deliver this as my act and deed.” [Blacks Law 8th]

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ACTA DIURNA

acta  diurna  (ak-t<<schwa>>  dI-<<schwa>>r-n<<schwa>>).  [Latin  “daily  proceedings”] Roman law. A public register of the daily proceedings of the senate, assemblies of the people, or the courts. [Blacks Law 8th]

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ACT

act,n.1. Something done or performed, esp. voluntarily; a deed. — Also termed action. “ ‘[A]ct’ or ‘action’ means a bodily movement whether voluntary or involuntary ….” Model Penal Code § 1.13. 2. The process of doing or performing; an occurrence that results from a person’s will being exerted on the external world; ACTION(2). — Also…

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ACRS

ACRS.abbr.ACCELERATED COST-RECOVERY SYSTEM. [Blacks Law 8th]

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ACROSS-THE-BOARD

across-the-board,adj. Applying to all classes, categories,  or groups <an across-the-board tax cut>. [Blacks Law 8th]

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ACRE RIGHT

acre right.Hist.  In  New  England,  a  citizen’s  share  in  the  common  lands. • The value  of  the acre right  varied  among  towns but was  fixed  in  each  town.  A  10-acre lot in  a  certain  town  was equivalent  to  113  acres  of  upland  and  12  acres  of  meadow,  and  an  exact  proportion  was maintained between the…

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ACRE-FOOT

acre-foot. A volume measurement in irrigation, equal to the amount of water that will cover one acre of land in one foot of water (325,850 gallons). [Cases: Weights and Measures    3. C.J.S. Weights and Measures § 3.] [Blacks Law 8th]

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ACREAGE-CONTRIBUTION AGREEMENT

acreage-contribution  agreement.Oil  &  gas.  A  support  agreement  under  which  one  party promises to grant leases or interest in leases in the area of a test well to the party who drills the test well in exchange for drilling or geological information if the test well is drilled to a certain depth. See SUPPORT AGREEMENT. [Blacks Law…

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ACRE

acre. An area of land measuring 43,560 square feet. foot acre.A one-foot-deep layer of coal, water, or other material spread over one acre. • This measurement  method  is  used  to  value coal  land  for  tax purposes.  It is also  used  to  measure the volume and capacity of reservoirs. [Blacks Law 8th]

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