Collateral Power - Law Dictionary Search Results
collateral power
Matched in: Term collateral power
Power
Matched in: Term Power
power
Matched in: Term power
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Extinguishment
Extinguishment, the annihilation of a collateral interest, or the supersedure of one interest by another and greater interest in that out of which it … advantage of B.'s remainder as well as to A.'s particular estate, 2 Bl. Com. 325. (9) Extinguishment of Power. A power which is ancillary to the performance of a trust or duty cannot be extinguished. In regard
Misuse of power or misapplication of power
Matched in: Term Misuse of power or misapplication of power
preclude
in this jurisdiction]: as a : to prevent (a party) from litigating an action or claim esp. by collateral estoppel or res judicata [they are precluded only because they failed to assert…the grounds for recovery they now … exclude by necessary consequence [the requirement of a marriage ceremony s the creation of common-law marriages in this jurisdiction]: as a : to prevent (a party) from litigating an action or claim esp. by collateral estoppel or
Conditional fee
his lineal descendants were admitted, in exclusion of collateral; see BASE FEE. A qualified fee confers a limited power of alienation, entitling the owner to give an interest of the same extent and continuance only to another … not certain to take place. The estates will then continue precisely in the same manner, as if no collateral event, giving to the estate a determinate character, had been annexed to it. A base-fee may arise in
proceeding
of rights, remedies, laws, or regulations: as a : an action, hearing, trial, or application before the court collateral proceeding : a proceeding that concerns an order, motion, petition, or writ deriving from or sought in relation … against a creditor) that is integral to the administration of a bankruptcy estate and so falls under the jurisdiction of the bankruptcy court non-core proceeding : a proceeding involving a matter that relates to a bankruptcy case
interest
an easement does not. purchase money security interest 1 : the security interest held by the seller of collateral to secure payment of all or part of the price 2 : the security interest of a person … interest in this entry reversionary interest : an interest in property (as a possibility of reverter or a power of termination) remaining in the transferor of the property or in his or her successor in interest security
note
judgment against him or her without notice or a hearing : a note containing a confession of judgment collateral note : a note secured esp. by a collateral mortgage and pledged to secure an obligation of which … in a law review vt noted not·ing 1 : to recognize the existence or presence of [noted probable jurisdiction] 2 : to make a notarial memorandum of nonpayment of (a negotiable instrument) on presentation
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