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Deep Pocket - Law Dictionary Search Results

Home Dictionary Name: deep pocket

deep pocket

deep pocket 1 : a person or organization having substantial financial resources esp. for the purpose of paying damages 2 pl : substantial financial resources ...


Pocketful

As much as a pocket will hold enough to fill a pocket as pocketfuls of chestnuts...


Pick-pocket, or Pick-purse

Pick-pocket, or Pick-purse, a thief who steals by putting his hand privately into the pocket or purse of another: an offence punishable with great severity in early times and still a felony as larceny from the person within s. 14 of the Larceny Act, 1916. See Reg. v. Ring, (1892) 61 LJMC 116, where it was held an offence to attempt to pick an empty pocket....


Pocket-sheriff

Pocket-sheriff. When the sovereign appoints a person sheriff who is not one of the three nominated in the King's Bench Division of the High Court, he is called a pocket-sheriff, 1 Bl. Com. 342....


Deep Rock doctrine

Deep Rock doctrine [from Deep Rock, a debtor corporation found to have been used for fraudulent transfers to its parent corporation in the Supreme Court case Taylor v. Standard Gas and Electric Co. (Deep Rock), 306 U.S. 307(1939)] : a doctrine holding that the claim of a stockholder and esp. a stockholder with controlling interest who makes a loan to his or her own corporation will be subordinated to the claims of outside creditors if the corporation is deemed undercapitalized ...


Deep sea

Of or pertaining to the deeper parts of the sea as a deep sea line i e a line to take soundings at a great depth deep sea lead deep sea soundings explorations etc...


out-of-pocket

out-of-pocket : requiring an outlay of cash [ expenses] ...


out-of-pocket rule

out-of-pocket rule : a measure of damages from fraud used in some jurisdictions that is based on the difference between the amount paid by the plaintiff and the market value of the thing paid for rather than the value attributed by the defendant compare benefit of the bargain ...


pocket veto

pocket veto : a veto of legislation that occurs indirectly when an executive refrains from signing the legislation and the adjournment of the legislature prevents its automatic enactment (as upon expiration of ten days) ...


Pocket

Any hollow place suggestive of a pocket in form or use...


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