Statute of Limitations

Definition

• That period of time specified by statute within which an action at law must be brought or else be forfeited.

Synonyms
periods of prescription

Acronyms
SOL

Related Terms and Acronyms

• Causation — Definition,
  • A method of connecting an entity's conduct with an effect, which in some cases can prove legal liability.
• Common Law (CL) — Acronym, Very Important,
  • Traditional, unwritten law based on English custom.
  ➥ Laws developed by judges through court decisions and precedent.
• Confusio-Lexicon Maximus — Definition,
  • The rescinding of language in process when none is making nonsense less and therefore incurred but not reported deficiencies in mental capacities are not apparently un-obviously imposed.
• Consent Judgement — Definition,
  • A judge's legally binding approval of a written agreement by the parties of a lawsuit.
• Contract — Definition,
  • An agreement between two or more parties that can be enforced by law.
• Defendant — Definition,
  • The accused party in a lawsuit or criminal trial.
• Liability — Definition,
  • A situation where one party is found to be legally responsible for something.
• Plaintiff — Definition,
  • The party who initiates a lawsuit.
• Statute — Definition,
  • A law established by an act of the legislature.
• Statutory Liability — Definition,
  • Liability that is assigned by law and is not open for interpretation.
• Tort Law — Definition,
  • Civil law or the laws that govern civil lawsuits.