Terms with Tag Legal
- Friendly Takeover — Definition,
- When a company purchases another and both parties' management approve.
- General Power of Attorney (GPOA) — Acronym,
- Generic Environmental Impact Statement (GEIS) — Acronym,
- Guarantee — Definition,
- An enforceable warranty on the promise of quality of a product or formal promise by one person to take responsibility for the debts or obligations of another person if that person fails to meet them.
- Guarantor — Definition,
- Someone who guarantees something.
- Homeowners Insurance Binder — Definition,
- A document accompanying a homeowner's insurance policy that verifies the property is properly insured.
- Hostile Takeover — Definition,
- When a company purchases another but the target company's management does not approve.
- Housing Discrimination — Definition,
- The illegal practice of discriminating against buyers or renters of dwellings on the basis of race, colour, religion, national origin, sex, family status or disability.
- Illiquid Asset — Definition,
- An asset that cannot be sold easily or in a timely manner for its full value.
- Import-Consumption Ratio (ICR) — Acronym,
- Incontestability Clause — Definition,
- A clause that places a time limit on how long an insurer has to void a policy due to a policyholder's accidental misstatement in his or her life insurance application.
- Incorporated Business — Definition,
- A company that exists as a corporation.
- Indefeasible — Definition,
- That which cannot be forfeited or done away with. Indemnity Protection or exemption from loss or damage.
- Index — Definition,
- A table of yields or interest rates being paid on debt (such as Treasury notes or bank deposits) that is used to determine interest-rate changes.
- Injunction — Definition,
- A court order that prohibits a party from taking a specific course of action.
- Inspection Report — Definition,
- The documentation of a thorough examination of a house's visible structural parts and systems, conducted before purchase.
- Insurance Attorney — Definition,
- An attorney who works with insurance law.
- Interest Rate Cap — Definition,
- A limit to the interest rate increases and decreases on an adjustable rate loan; either from one adjustment period to the next or over the life of the loan.
- International Centre for Settlement of Investment Disputes (ICSID) — Company,
- International Money Laundering Information Network (IMoLIN) — Abbreviation,
- Irrevocable — Definition,
- Unalterable.
- Irrevocable Power of Attorney (IPA) — Acronym,
- Joint Liability — Definition,
- The responsibility of two or more people to repay a debt
- Judgement — Definition,
- A determination by a court of law or a judicial decision.
- Know-Your-Client (KYC) — Acronym,
- Know-Your-Customer (KYC) — Acronym,
- Land Title — Definition,
- The legal document conveying title to a property.
- Lasting Power of Attorney (LPA) — Acronym,
- Law Society of British Columbia (LSBC) — Company Est. 1869, British Columbia, Canada,
- Law Society of Upper Canada (LSUC) — Company, Ottawa, Ontario, Canada,
6.
Friendly Takeover -
Incontestability Clause
Incontestability Clause
