Incur - Law Dictionary Search Results
liability
liability (as a bond or mortgage) that does not mature for at least one year from the date incurred or from a given date b : accountability and responsibility to another enforceable by civil remedies or criminal
instrumentality
instrumentality pl: -ties 1 : something through which an end is achieved or occurs [damages incurred in a single incident through an owned by the employer] 2 : something that serves as an intermediary
indemnity
indemnity pl: -ties 1 a : security against hurt, loss, or damage b : exemption from incurred penalties or liabilities 2 a : indemnification b : something (as a payment) that indemnifies compare contribution
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indemnify
damnum damage] 1 : to secure against hurt, loss, or damage 2 : to compensate or reimburse for incurred hurt, loss, or damage in·dem·ni·fi·er n
holding period
the length of time a taxpayer holds property for purposes of determining if any gain realized or loss incurred from it is long-term or short-term
grace period
beyond a scheduled date during which a required action (as payment of an obligation) may be taken without incurring the ordinarily resulting adverse consequences (as penalty or cancellation): as a : a period of 30 days or
Cureless
Incapable of cure incurable
force
injury compare nondeadly force in this entry NOTE: As a general rule, deadly force may be used without incurring criminal or tort liability when one reasonably believes that one's life or safety is in danger. In some
family purpose doctrine
purpose doctrine : a doctrine in tort law: the owner of a car is vicariously liable for damages incurred by a family member while using the car with the owner's permission called also family car doctrine NOTE:
earnings
2 : the balance of revenue for a specified period that remains after deducting related costs and expenses incurred compare profit
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