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loan or credit agreement

loan or credit agreement If your company's loan is fairly large, the lender may require a loan or credit agreement. A loan agreement contains terms and conditions for

malfeasance

malfeasance [mal- bad + obsolete English feasance doing, execution, from Old French faisance, from fais-, stem of faire to make, do, from Latin facere] : the commission (as by a public official) of a wrongful or

manifest necessity

which is of such an overwhelming and unforeseeable nature that the conduct of trial or reaching of a fair result is impossible and which necessitates the declaration of a mistrial NOTE: If there is a manifest necessity

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merger

Shareholders in a de facto merger are considered to have the same right to an appraisal of the fair value of their shares as shareholders in a statutory merger. short-form merger : an accelerated statutory merger between

misfeasance

misfeasance [Anglo-French misfesance, from Middle French mesfaire to do wrong, from mes- wrongly + faire to make, do, from Latin facere] : the performance of a lawful action in an illegal or improper

nonfeasance

+ obsolete English feasance doing, execution, from Anglo-French fesance, from Old French faisance act, from fais-, stem of faire to do, from Latin facere] : the failure or omission to do something that should be done or

prejudice

injure or damage (rights) by some legal action or prejudice [that the denial prejudiced his right to a fair trial] [this clause does not other rights]

fraud

that is not involved in the actual issues presented to a court and that prevents a full and fair hearing called also collateral fraud compare intrinsic fraud in this entry fraud in fact : actual fraud in

fico score

fico score FICO is an abbreviation for Fair Isaac Corporation and refers to a person's credit score based on credit history. Lenders and credit card companies

reason

for the termination in writing] 2 a : the faculty of comprehending, inferring, or distinguishing esp. in a fair and orderly way b : the proper and sane exercise of the mind

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